Shares of Koninklijke KPN NV (OTCMKTS:KKPNY – Get Free Report) saw an uptick in trading volume on Wednesday. 3,052,719 shares traded hands during mid-day trading, an increase of 324% from the average daily volume of 719,269 shares. The stock last traded at $4.9150 and had previously closed at $4.79.
Koninklijke KPN Stock Up 2.8%
The stock has a fifty day moving average of $4.62 and a two-hundred day moving average of $5.02. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86.
About Koninklijke KPN
Koninklijke KPN N.V. is a telecommunications company based in the Netherlands. It provides fixed-line and mobile communications services, broadband internet access, television, and related digital services to consumers and businesses.
KPN also serves business and government customers with connectivity, information and communications technology, cloud, cybersecurity, workplace, data center, and managed network solutions. The company operates and manages telecommunications infrastructure in the Netherlands and provides wholesale access and network services to other communications providers.
KPN traces its roots to the Dutch state-owned postal and telecommunications organization, which was reorganized and privatized during the 1980s and 1990s.
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