Koninklijke KPN (OTCMKTS:KKPNF) Stock Jumps 6.7% – Should You Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price was up 6.7% during trading on Thursday. The stock traded as high as $4.75 and last traded at $4.75. Approximately 21,562 shares changed hands during trading, a decline of 59% from the average daily volume of 53,124 shares. The stock had previously closed at $4.45.

Analyst Ratings Changes

Separately, Kepler Capital Markets upgraded 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Koninklijke KPN Trading Down 15.9%

The stock has a market capitalization of $18.04 billion, a P/E ratio of 17.85 and a beta of 0.19. The stock’s 50 day moving average price is $4.74 and its 200-day moving average price is $5.08. 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 issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.68 billion. Koninklijke KPN had a return on equity of 26.07% and a net margin of 15.09%. As a group, equities research analysts expect that Koninklijke KPN NV will post 0.27 earnings per share for the current year.

Koninklijke KPN Company Profile

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.