Koninklijke KPN (OTCMKTS:KKPNF) Hits New 12-Month High – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $5.1130 and last traded at $5.1130, with a volume of 7962 shares changing hands. The stock had previously closed at $4.69.

Analyst Ratings Changes

Separately, Zacks Research upgraded Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Koninklijke KPN Trading Up 8.8%

The business has a 50 day simple moving average of $4.59 and a two-hundred day simple moving average of $4.66. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The company has a market cap of $19.85 billion, a PE ratio of 21.27 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.70 billion. On average, analysts forecast that Koninklijke KPN NV will post 0.26 EPS for the current fiscal 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.