Koninklijke KPN (OTCMKTS:KKPNF) Sets New 52-Week High – What’s Next?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $5.4040 and last traded at $5.23, with a volume of 19639 shares trading hands. The stock had previously closed at $5.04.

Analysts Set New Price Targets

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

Koninklijke KPN Stock Performance

The firm has a market capitalization of $20.34 billion, a PE ratio of 21.79 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 moving average price of $4.63 and a 200-day moving average price of $4.67.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.70 billion. On average, research analysts expect that Koninklijke KPN NV will post 0.26 EPS for the current fiscal year.

About Koninklijke KPN

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.