Koninklijke KPN (OTCMKTS:KKPNF) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.75 and traded as low as $4.3120. Koninklijke KPN shares last traded at $4.5680, with a volume of 6,969 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Koninklijke KPN from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

Koninklijke KPN Stock Performance

The company has a quick ratio of 0.70, a current ratio of 0.72 and a debt-to-equity ratio of 1.82. The firm has a 50-day moving average price of $4.74 and a 200 day moving average price of $4.71. The firm has a market capitalization of $17.34 billion, a PE ratio of 20.26 and a beta of 0.36.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its earnings results on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $1.46 billion. Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%. Research analysts expect that Koninklijke KPN NV will post 0.26 earnings per share for the current year.

About Koninklijke KPN

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.