Koninklijke KPN NV (OTCMKTS:KKPNF) Short Interest Update

Koninklijke KPN NV (OTCMKTS:KKPNF) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 7,778,901 shares, a growth of 24.3% from the January 29th total of 6,257,217 shares. Based on an average daily volume of 27,063 shares, the days-to-cover ratio is currently 287.4 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 27,063 shares, the days-to-cover ratio is currently 287.4 days.

Analysts Set New Price Targets

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 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, Koninklijke KPN has a consensus rating of “Buy”.

Koninklijke KPN Price Performance

Koninklijke KPN stock opened at $5.51 on Thursday. The stock’s 50 day moving average is $4.98 and its 200 day moving average is $4.79. Koninklijke KPN has a one year low of $3.71 and a one year high of $5.72. The firm has a market cap of $21.43 billion, a P/E ratio of 22.96 and a beta of 0.24. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings results on Wednesday, January 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). Koninklijke KPN had a return on equity of 24.84% and a net margin of 14.72%.The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.70 billion. As a group, research analysts expect that Koninklijke KPN will post 0.26 EPS for the current 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.