Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – Should You Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up prior to trading on Monday . The stock had previously closed at $4.91, but opened at $5.30. Koninklijke KPN shares last traded at $5.30, with a volume of 109 shares trading hands.

Koninklijke KPN Price Performance

The company’s 50 day simple moving average is $5.19 and its 200 day simple moving average is $5.16. The company has a market capitalization of $18.47 billion, a PE ratio of 18.27 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.The company had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.71 billion. On average, equities analysts forecast that Koninklijke KPN NV will post 0.28 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.