Koninklijke KPN NV (OTCMKTS:KKPNF) Short Interest Up 53.3% in February

Koninklijke KPN NV (OTCMKTS:KKPNF) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 11,927,236 shares, a growth of 53.3% from the February 12th total of 7,778,901 shares. Based on an average daily volume of 743,828 shares, the short-interest ratio is currently 16.0 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 743,828 shares, the short-interest ratio is currently 16.0 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Koninklijke KPN Stock Down 1.1%

OTCMKTS:KKPNF opened at $5.43 on Friday. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.70 and a current ratio of 0.72. The firm has a market cap of $21.12 billion, a P/E ratio of 22.63 and a beta of 0.24. Koninklijke KPN has a fifty-two week low of $3.95 and a fifty-two week high of $5.72. The firm has a 50-day simple moving average of $5.10 and a two-hundred day simple moving average of $4.82.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its 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 during the quarter, compared to the consensus estimate of $1.70 billion. Analysts predict that Koninklijke KPN 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.