Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down – Time to Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped down before the market opened on Friday. The stock had previously closed at $5.52, but opened at $4.40. Koninklijke KPN shares last traded at $4.80, with a volume of 954 shares changing hands.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Koninklijke KPN Stock Performance

The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66. The stock has a market cap of $17.89 billion, a PE ratio of 17.69 and a beta of 0.19. The company’s 50-day moving average price is $4.75 and its two-hundred day moving average price is $5.08.

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

About Koninklijke KPN

Koninklijke KPN N.V. is a Netherlands-based telecommunications company that provides fixed-line, mobile and broadband communications services. The company serves consumer and business customers with mobile voice and data, internet access, fiber-optic connectivity, television and related digital communications products.

KPN also provides information and communications technology services to business and public-sector customers. Its offerings include workplace and cloud services, cybersecurity, data connectivity, network management and other IT solutions.