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

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $5.4240 and last traded at $5.39, with a volume of 11926 shares. The stock had previously closed at $5.40.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Koninklijke KPN has a consensus rating of “Buy”.

Koninklijke KPN Stock 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 company has a market cap of $20.96 billion, a P/E ratio of 22.46 and a beta of 0.28. The company has a 50 day moving average price of $4.69 and a 200-day moving average price of $4.68.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates 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.