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

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $5.51, but opened at $5.18. Koninklijke KPN shares last traded at $5.4590, with a volume of 1,151 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 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Koninklijke KPN Stock Down 0.5%

The company has a market cap of $21.31 billion, a PE ratio of 22.83 and a beta of 0.24. The firm has a 50-day simple moving average of $5.00 and a two-hundred day simple moving average of $4.79. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The company had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. Research analysts anticipate that Koninklijke KPN NV will post 0.26 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

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.