Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – What’s Next?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) gapped up prior to trading on Tuesday . The stock had previously closed at $4.62, but opened at $4.7680. Koninklijke KPN shares last traded at $4.68, with a volume of 748 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Koninklijke KPN from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Koninklijke KPN Trading Up 0.2%

The company has a quick ratio of 0.70, a current ratio of 0.72 and a debt-to-equity ratio of 1.82. The company’s fifty day moving average price is $4.61 and its two-hundred day moving average price is $4.70. The firm has a market cap of $18.01 billion, a PE ratio of 21.05 and a beta of 0.30.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). The firm had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%. As a group, sell-side analysts forecast that Koninklijke KPN NV will post 0.26 earnings per share for the current fiscal year.

About Koninklijke KPN

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.