Koninklijke KPN (OTCMKTS:KKPNF) Sees Strong Trading Volume – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares saw an uptick in trading volume on Monday. 135,434 shares changed hands during mid-day trading, an increase of 158% from the previous session’s volume of 52,455 shares. The stock last traded at $4.35 and had previously closed at $4.51.

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 assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Koninklijke KPN Stock Down 3.5%

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 company has a market cap of $16.92 billion, a price-to-earnings ratio of 16.73 and a beta of 0.19. The stock’s fifty day moving average is $4.65 and its two-hundred day moving average is $4.96.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 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. Sell-side analysts predict that Koninklijke KPN NV will post 0.27 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN’s consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.