Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.36 and traded as high as $5.6150. Koninklijke KPN shares last traded at $5.55, with a volume of 4,666 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Read Our Latest Report on KKPNF
Koninklijke KPN Stock Performance
Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last posted its earnings results on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.70 billion. Koninklijke KPN had a return on equity of 24.84% and a net margin of 14.72%. On average, sell-side analysts anticipate that Koninklijke KPN NV will post 0.26 EPS for the current fiscal 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.
Further Reading
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