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

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up before the market opened on Monday. The stock had previously closed at $4.75, but opened at $5.0340. Koninklijke KPN shares last traded at $5.0340, with a volume of 268 shares traded.

Koninklijke KPN Stock Performance

The stock’s 50-day moving average price is $4.62 and its 200-day moving average price is $5.02. The company has a market cap of $18.08 billion, a P/E ratio of 17.88 and a beta of 0.21. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.66 and a quick ratio of 0.63.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. Koninklijke KPN had a net margin of 15.20% and a return on equity of 26.34%. The business had revenue of $3.32 billion for the quarter, compared to the consensus estimate of $3.32 billion. Equities analysts anticipate that Koninklijke KPN NV will post 0.27 EPS for the current year.

About Koninklijke KPN

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN’s consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.