Koninklijke KPN (OTCMKTS:KKPNF) Trading Up 5.1% – Time to Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price was up 5.1% during mid-day trading on Monday . The stock traded as high as $4.95 and last traded at $4.95. Approximately 287 shares were traded during trading, a decline of 99% from the average session volume of 53,891 shares. The stock had previously closed at $4.71.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

Koninklijke KPN Stock Up 2.4%

The company has a fifty day moving average price of $4.81 and a 200-day moving average price of $5.20. The stock has a market capitalization of $18.47 billion, a P/E ratio of 18.27 and a beta of 0.19. The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of 1.86.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.07%. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.68 billion. As a group, research analysts forecast that Koninklijke KPN NV will post 0.27 EPS 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.