Koninklijke KPN (OTCMKTS:KKPNY) Shares Gap Down – Here’s Why

Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $4.78, but opened at $4.56. Koninklijke KPN shares last traded at $4.82, with a volume of 104,211 shares changing hands.

Koninklijke KPN Stock Up 3.3%

The business’s fifty day moving average price is $5.03 and its 200-day moving average price is $5.19. The company has a current ratio of 0.64, a quick ratio of 0.62 and a debt-to-equity ratio of 1.65.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.

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