Koninklijke KPN (OTCMKTS:KKPNF) Sees Strong Trading Volume – Should You Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNFGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 67,800 shares changed hands during mid-day trading, an increase of 299% from the previous session’s volume of 16,982 shares.The stock last traded at $4.53 and had previously closed at $4.59.

Analyst Ratings Changes

Separately, Zacks Research cut Koninklijke KPN from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Check Out Our Latest Report on Koninklijke KPN

Koninklijke KPN Trading Down 2.1%

The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.70 and a current ratio of 0.72. The firm has a 50-day moving average of $4.64 and a 200-day moving average of $4.71. The firm has a market capitalization of $17.80 billion, a P/E ratio of 20.80 and a beta of 0.30.

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. On average, equities research analysts anticipate that Koninklijke KPN NV will post 0.26 EPS for the current fiscal year.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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