Koninklijke KPN (OTCMKTS:KKPNF) Sets New 52-Week High – Here’s What Happened
by Tristan Rich · The Markets DailyKoninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $5.67 and last traded at $5.67, with a volume of 2191 shares. The stock had previously closed at $5.58.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.
Read Our Latest Research Report on Koninklijke KPN
Koninklijke KPN Stock Performance
The company has a market capitalization of $22.01 billion, a price-to-earnings ratio of 23.58 and a beta of 0.28. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70. The stock has a 50 day simple moving average of $4.93 and a two-hundred day simple moving average of $4.77.
Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. As a group, analysts anticipate that Koninklijke KPN NV will post 0.26 earnings per share for the current 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.