Koninklijke KPN (OTCMKTS:KKPNF) Upgraded at Zacks Research

Koninklijke KPN (OTCMKTS:KKPNF) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Koninklijke KPN Trading Up 1.4%

Shares of OTCMKTS:KKPNF opened at $4.57 on Tuesday. The company’s 50-day moving average price is $4.61 and its two-hundred day moving average price is $4.70. Koninklijke KPN has a one year low of $3.49 and a one year high of $5.10. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70. The stock has a market capitalization of $17.79 billion, a PE ratio of 20.79 and a beta of 0.30.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01). The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. On average, equities analysts forecast that Koninklijke KPN will post 0.26 EPS for the current fiscal year.

Koninklijke KPN Company Profile

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.