Koninklijke KPN (OTCMKTS:KKPNF) Trading Down 3.4% – What’s Next?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) were down 3.4% during trading on Friday . The stock traded as low as $4.48 and last traded at $4.48. Approximately 4,292 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 17,072 shares. The stock had previously closed at $4.64.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Koninklijke KPN from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Koninklijke KPN Stock Down 3.4%

The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $17.42 billion, a price-to-earnings ratio of 20.36 and a beta of 0.36. The firm’s fifty day simple moving average is $4.66 and its two-hundred day simple moving average is $4.70.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $1.46 billion. Sell-side analysts anticipate that Koninklijke KPN NV will post 0.26 EPS for the current year.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.