Koninklijke KPN (OTCMKTS:KKPNY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report) saw strong trading volume on Tuesday . 1,427,681 shares traded hands during trading, an increase of 172% from the previous session’s volume of 524,279 shares.The stock last traded at $4.72 and had previously closed at $4.65.

Koninklijke KPN Stock Performance

The firm’s 50-day simple moving average is $4.58 and its 200-day simple moving average is $4.68.

About Koninklijke KPN

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Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.

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