Koninklijke KPN (OTCMKTS:KKPNF) Stock Jumps 9.5% – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price rose 9.5% on Thursday. The company traded as high as $4.85 and last traded at $4.85. 2,604 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 52,427 shares. The stock had previously closed at $4.43.

Koninklijke KPN Stock Down 1.5%

The firm has a market cap of $17.73 billion, a P/E ratio of 17.54 and a beta of 0.19. The firm’s 50 day moving average is $4.63 and its two-hundred day moving average is $4.93. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86.

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

About Koninklijke KPN

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.