Koninklijke KPN (OTCMKTS:KKPNF) Trading Down 4.8% – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares were down 4.8% during trading on Tuesday . The company traded as low as $5.2820 and last traded at $5.2910. Approximately 3,447 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 94,747 shares. The stock had previously closed at $5.5560.

Analysts Set New Price Targets

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

Koninklijke KPN Trading Up 0.0%

The firm’s fifty day simple moving average is $5.03 and its 200 day simple moving average is $4.80. The stock has a market capitalization of $21.61 billion, a P/E ratio of 23.15 and a beta of 0.24. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.70 and a current ratio of 0.72.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.70 billion. Koninklijke KPN had a return on equity of 24.84% and a net margin of 14.72%. As a group, equities research analysts forecast that Koninklijke KPN NV will post 0.26 EPS 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.