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

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) gapped up before the market opened on Tuesday. The stock had previously closed at $4.54, but opened at $4.75. Koninklijke KPN shares last traded at $4.75, with a volume of 2,876 shares.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Koninklijke KPN Trading Down 4.2%

The company has a debt-to-equity ratio of 1.86, a current ratio of 0.66 and a quick ratio of 0.63. The business’s 50-day moving average is $4.73 and its 200 day moving average is $5.07. The firm has a market capitalization of $16.92 billion, a P/E ratio of 16.73 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.07% and a net margin of 15.09%.The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.68 billion. As a group, analysts anticipate that Koninklijke KPN NV will post 0.27 EPS for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a Netherlands-based telecommunications company that provides fixed-line, mobile and broadband communications services. The company serves consumer and business customers with mobile voice and data, internet access, fiber-optic connectivity, television and related digital communications products.

KPN also provides information and communications technology services to business and public-sector customers. Its offerings include workplace and cloud services, cybersecurity, data connectivity, network management and other IT solutions.