Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up before the market opened on Wednesday . The stock had previously closed at $5.04, but opened at $5.3530. Koninklijke KPN shares last traded at $5.1370, with a volume of 739 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy”.

Koninklijke KPN Stock Up 3.8%

The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.70 and a current ratio of 0.72. The stock’s fifty day simple moving average is $4.62 and its two-hundred day simple moving average is $4.66. The company has a market capitalization of $20.34 billion, a price-to-earnings ratio of 21.79 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last released its earnings results on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.70 billion. Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. On average, sell-side analysts anticipate that Koninklijke KPN NV will post 0.26 EPS for the current year.

About Koninklijke KPN

Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.

KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.