Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 1-Year Low – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) hit a new 52-week low during mid-day trading on Friday. The company traded as low as $4.20 and last traded at $4.60, with a volume of 1209 shares traded. The stock had previously closed at $4.41.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Koninklijke KPN Trading Up 5.0%

The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of 1.86. The business’s 50 day moving average is $4.71 and its 200-day moving average is $5.04. The firm has a market cap of $17.89 billion, a P/E ratio of 17.69 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last posted 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 company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.68 billion. Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.07%. As a group, analysts forecast 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 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.