Koninklijke KPN (OTCMKTS:KKPNF) Shares Climb 4.2% – Here’s What Happened

by · The Cerbat Gem

Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) shares were up 4.2% during trading on Monday. The stock traded as high as $4.5010 and last traded at $4.5010. 9,712 shares were traded during mid-day trading, a decline of 82% from the average session volume of 53,421 shares. The stock had previously closed at $4.32.

Analyst Upgrades and Downgrades

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

View Our Latest Research Report on KKPNF

Koninklijke KPN Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $16.80 billion, a PE ratio of 16.62 and a beta of 0.19. The firm has a 50 day moving average price of $4.65 and a 200 day moving average price of $4.98.

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

Koninklijke KPN Company Profile

(Get Free Report)

Koninklijke KPN N.V. is a Dutch telecommunications company that provides connectivity and digital services to consumers, businesses and public-sector organizations. Its offerings include mobile and fixed-line communications, broadband internet, television, digital applications and related customer services.

KPN operates and manages telecommunications infrastructure in the Netherlands, including fiber-optic and mobile networks. The company also provides information and communications technology services for business customers, such as workplace connectivity, cloud solutions, cybersecurity and managed network services.

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