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

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $4.68, but opened at $4.5650. Koninklijke KPN shares last traded at $4.6850, with a volume of 924 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Koninklijke KPN Stock Performance

The stock has a 50 day moving average price of $4.60 and a two-hundred day moving average price of $4.69. The company has a market cap of $18.17 billion, a P/E ratio of 21.24 and a beta of 0.30. The company has a quick ratio of 0.70, a current ratio of 0.72 and a debt-to-equity ratio of 1.82.

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