Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 1-Year Low – Should You Sell?
by Danessa Lincoln · The Markets DailyKoninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as $4.20 and last traded at $4.60, with a volume of 1209 shares changing hands. The stock had previously closed at $4.41.
Wall Street Analyst Weigh In
Separately, Kepler Capital Markets upgraded 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.
Read Our Latest Analysis on Koninklijke KPN
Koninklijke KPN Price Performance
The company has a market cap of $17.89 billion, a price-to-earnings ratio of 17.69 and a beta of 0.19. The company’s 50-day simple moving average is $4.71 and its 200-day simple moving average is $5.04. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.66 and a quick ratio of 0.63.
Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.68 billion. Koninklijke KPN had a return on equity of 26.07% and a net margin of 15.09%. On average, equities research analysts anticipate that Koninklijke KPN NV will post 0.27 EPS for the current year.
About Koninklijke KPN
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.
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