Koninklijke KPN (OTCMKTS:KKPNF) Sees Unusually-High Trading Volume – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF) saw unusually-strong trading volume on Thursday . Approximately 352,040 shares changed hands during trading, an increase of 795% from the previous session’s volume of 39,356 shares.The stock last traded at $5.4150 and had previously closed at $5.3750.

Analyst Upgrades and Downgrades

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

Koninklijke KPN Stock Up 0.2%

The firm’s 50-day moving average price is $4.83 and its 200 day moving average price is $4.73. 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 firm has a market capitalization of $21.35 billion, a price-to-earnings ratio of 22.88 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings data on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. The company had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.70 billion. Sell-side analysts expect that Koninklijke KPN NV will post 0.26 EPS for the current year.

Koninklijke KPN Company Profile

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.