Koninklijke KPN (OTCMKTS:KKPNF) Trading 4.9% Higher – Here’s What Happened

Koninklijke KPN NV (OTCMKTS:KKPNFGet Free Report)’s stock price shot up 4.9% during trading on Thursday . The company traded as high as $4.6160 and last traded at $4.6160. 6,983 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 17,221 shares. The stock had previously closed at $4.40.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Koninklijke KPN from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Report on Koninklijke KPN

Koninklijke KPN Stock Down 3.3%

The company has a 50-day moving average of $4.69 and a two-hundred day moving average of $4.71. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70. The company has a market capitalization of $16.54 billion, a PE ratio of 19.34 and a beta of 0.36.

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. Sell-side analysts anticipate that Koninklijke KPN NV will post 0.26 earnings per share for the current fiscal year.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

Further Reading

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