Kone Oyj (OTCMKTS:KNYJY) Hits New 52-Week High – Time to Buy?

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) shares reached a new 52-week high on Tuesday . The company traded as high as $34.2860 and last traded at $34.2860, with a volume of 6600 shares. The stock had previously closed at $33.93.

Kone Oyj Price Performance

The company has a market capitalization of $31.14 billion, a PE ratio of 33.68, a P/E/G ratio of 2.66 and a beta of 0.65. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 0.98. The stock has a 50 day moving average price of $33.42 and a two-hundred day moving average price of $32.41.

Kone Oyj (OTCMKTS:KNYJY) last released its quarterly earnings data on Thursday, October 23rd. The company reported $0.25 EPS for the quarter. The firm had revenue of $3.23 billion for the quarter. Kone Oyj had a return on equity of 39.83% and a net margin of 8.48%. Equities analysts forecast that Kone Oyj Unsponsored ADR will post 1.06 earnings per share for the current year.

About Kone Oyj

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.