Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $4.77, but opened at $5.0640. Koninklijke KPN shares last traded at $5.0110, with a volume of 1,323 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Koninklijke KPN Price Performance

The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The firm’s 50-day moving average price is $4.59 and its two-hundred day moving average price is $4.66. The stock has a market cap of $19.46 billion, a PE ratio of 22.75 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its earnings results on Wednesday, January 28th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%.The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.70 billion. On average, equities analysts expect that Koninklijke KPN NV will post 0.26 earnings per share for the current fiscal 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.