KONE traded at 51.00 this Friday May 15th, increasing 1.17 or 2.35 percent since the previous trading session. Looking back, over the last four weeks, KONE gained 11.64 percent. Over the last 12 months, its price fell by 9.22 percent. Looking ahead, we forecast KONE to be priced at 49.92 by the end of this quarter and at 46.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kone Oyj is a Finland-based company which operates within elevator and escalator industry. The Company provides its customers with elevators, escalators, automatic doors and integrated solutions to improve the customer experience in and between buildings. In addition, KONE offers maintenance and modernization services for existing equipment. The KONE business idea is to serve its customers by providing solutions throughout the entire lifecycle of the equipment, beginning from the installation of new equipment to the maintenance and modernization during their lifecycle and the full replacement of the equipment. The Company operates around the world.