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

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up before the market opened 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 traded.

Koninklijke KPN Trading Up 4.3%

The stock has a fifty day moving average of $5.22 and a 200-day moving average of $5.15. The firm has a market capitalization of $20.61 billion, a price-to-earnings ratio of 20.39 and a beta of 0.17.

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

About Koninklijke KPN

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.