Koninklijke KPN (OTCMKTS:KKPNF) Trading Down 5.2% – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares traded down 5.2% during trading on Monday . The company traded as low as $4.70 and last traded at $4.70. Approximately 1,445 shares were traded during mid-day trading, a decline of 98% from the average session volume of 60,833 shares. The stock had previously closed at $4.96.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Koninklijke KPN currently has a consensus rating of “Buy”.

Koninklijke KPN Price Performance

The stock has a market capitalization of $20.03 billion, a PE ratio of 19.81 and a beta of 0.18. The firm’s 50 day simple moving average is $5.05 and its 200 day simple moving average is $5.18.

Koninklijke KPN (OTCMKTS:KKPNF) last released its earnings results on Wednesday, April 29th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $1.71 billion. Koninklijke KPN had a net margin of 15.10% and a return on equity of 26.25%. Analysts expect that Koninklijke KPN NV will post 0.27 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.