Koninklijke KPN (OTCMKTS:KKPNF) Shares Climb 7.2% – Should You Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) rose 7.2% during mid-day trading on Friday. The company traded as high as $4.93 and last traded at $4.93. Approximately 668 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 52,336 shares. The stock had previously closed at $4.60.

Koninklijke KPN Trading Down 2.2%

The business’s 50-day simple moving average is $4.62 and its 200-day simple moving average is $5.01. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86. The company has a market cap of $18.06 billion, a PE ratio of 17.87 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. The firm had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Koninklijke KPN had a return on equity of 26.34% and a net margin of 15.20%. As a group, analysts expect that Koninklijke KPN NV will post 0.27 EPS for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN’s consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.