Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down – Time to Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped down before the market opened on Friday . The stock had previously closed at $5.27, but opened at $5.0260. Koninklijke KPN shares last traded at $5.1150, with a volume of 20,149 shares traded.

Koninklijke KPN Stock Down 0.3%

The company has a 50 day moving average of $5.44 and a 200-day moving average of $5.08. The stock has a market capitalization of $20.28 billion, a P/E ratio of 20.06 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $1.71 billion. Equities analysts forecast that Koninklijke KPN NV will post 0.28 EPS for the current fiscal year.

Koninklijke KPN Company Profile

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.