Short Interest in Koninklijke KPN (OTCMKTS:KKPNF) Expands By 124.1%

Koninklijke KPN (OTCMKTS:KKPNF) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 10,550,300 shares, a growth of 124.1% from the April 30th total of 4,707,700 shares. Based on an average trading volume of 48,300 shares, the short-interest ratio is presently 218.4 days. Currently, 0.3% of the company’s shares are short sold.

Koninklijke KPN Price Performance

Shares of KKPNF stock opened at $4.79 on Friday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. The stock has a 50 day moving average price of $4.50 and a 200 day moving average price of $4.03. The firm has a market capitalization of $18.61 billion, a P/E ratio of 23.93 and a beta of 0.37. Koninklijke KPN has a 52-week low of $3.49 and a 52-week high of $4.94.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its earnings results on Thursday, April 24th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.41 billion. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. As a group, sell-side analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.