Koninklijke KPN (OTCMKTS:KKPNY) Hits New 1-Year High – Here’s What Happened

Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $4.96 and last traded at $4.93, with a volume of 51805 shares. The stock had previously closed at $4.79.

Koninklijke KPN Trading Up 3.2%

The company has a 50-day moving average price of $4.60 and a 200-day moving average price of $4.65. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70.

About Koninklijke KPN

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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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