Koninklijke KPN (OTCMKTS:KKPNF) Sees Strong Trading Volume – Here’s What Happened

Koninklijke KPN NV (OTCMKTS:KKPNF) shares saw unusually-high trading volume on Thursday . Approximately 86,529 shares were traded during mid-day trading, an increase of 77% from the previous session’s volume of 48,781 shares.The stock last traded at $5.1580 and had previously closed at $5.10.

Koninklijke KPN Trading Down 0.4%

The business’s 50 day moving average price is $5.40 and its two-hundred day moving average price is $5.10. The company has a market capitalization of $19.41 billion, a price-to-earnings ratio of 19.19 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings results on Wednesday, April 29th. 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 15.10% and a return on equity of 26.25%. The company had revenue of $3.43 billion during the quarter, compared to analyst estimates of $1.71 billion. Analysts expect that Koninklijke KPN NV will post 0.28 EPS for the current year.

About Koninklijke KPN

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.