Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF) gapped up prior to trading on Tuesday . The stock had previously closed at $5.41, but opened at $5.5470. Koninklijke KPN shares last traded at $5.6370, with a volume of 4,523 shares changing hands.

Wall Street Analysts Forecast Growth

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

Koninklijke KPN Stock Performance

The company’s 50 day moving average price is $4.98 and its two-hundred day moving average price is $4.79. 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 market capitalization of $21.43 billion, a PE ratio of 22.96 and a beta of 0.24.

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