Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down – Should You Sell?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) gapped down before the market opened on Thursday . The stock had previously closed at $4.6530, but opened at $4.4220. Koninklijke KPN shares last traded at $4.60, with a volume of 3,713 shares.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Koninklijke KPN Stock Down 0.5%

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 firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 20.96 and a beta of 0.28. The stock has a 50 day moving average of $4.57 and a 200 day moving average of $4.66.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data 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 analyst estimates of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. As a group, analysts expect that Koninklijke KPN NV will post 0.26 earnings per share for the current fiscal year.

About Koninklijke KPN

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.