KONE Oyj (OTCMKTS:KNYJY) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Posted by ABMN Staff on Apr 12th, 2025

KONE Oyj (OTCMKTS:KNYJY – Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $27.97 and traded as high as $28.70. KONE Oyj shares last traded at $28.66, with a volume of 123,343 shares traded.

KONE Oyj Stock Up 6.4 %

The firm’s 50-day moving average price is $27.97 and its 200-day moving average price is $26.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.13 and a quick ratio of 0.89. The company has a market cap of $25.98 billion, a price-to-earnings ratio of 28.95, a price-to-earnings-growth ratio of 2.70 and a beta of 0.74.

KONE Oyj (OTCMKTS:KNYJY – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. Sell-side analysts forecast that KONE Oyj will post 1.06 earnings per share for the current fiscal year.

KONE Oyj Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were given a dividend of $0.9388 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a positive change from KONE Oyj’s previous dividend of $0.94. KONE Oyj’s payout ratio is 41.41%.

KONE Oyj Company Profile

(Get Free Report)

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.