Koninklijke KPN (OTCMKTS:KKPNY) Hits New 52-Week High – Time to Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $5.08 and last traded at $5.08, with a volume of 389085 shares changing hands. The stock had previously closed at $5.00.

Koninklijke KPN Trading Up 0.5%

The business’s fifty day moving average price is $4.67 and its two-hundred day moving average price is $4.66. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.

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