Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 12-Month Low – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price reached a new 52-week low during trading on Thursday. The company traded as low as $4.1790 and last traded at $4.34, with a volume of 19,555 shares changing hands. The stock had previously closed at $4.32.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Koninklijke KPN Stock Up 0.5%

The company has a market capitalization of $16.88 billion, a PE ratio of 16.69 and a beta of 0.19. The business’s 50 day simple moving average is $4.65 and its 200 day simple moving average is $4.97. 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) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.07% and a net margin of 15.09%. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.68 billion. As a group, analysts anticipate that Koninklijke KPN NV will post 0.27 earnings per share for the current fiscal 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.