Koninklijke KPN (OTCMKTS:KKPNF) Stock Falls 8.3% – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price traded down 8.3% during mid-day trading on Wednesday. The company traded as low as $4.20 and last traded at $4.20. Approximately 991 shares were traded during mid-day trading, a decline of 98% from the average session volume of 55,533 shares. The stock had previously closed at $4.5820.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Koninklijke KPN currently has a consensus rating of “Buy”.

Koninklijke KPN Stock Up 0.4%

The firm’s fifty day moving average price is $4.69 and its two-hundred day moving average price is $5.02. The stock has a market cap of $17.89 billion, a price-to-earnings ratio of 17.69 and a beta of 0.19. 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 issued its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.07%. The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.68 billion. Sell-side analysts forecast that Koninklijke KPN NV will post 0.27 earnings per share for the current fiscal year.

About Koninklijke KPN

Koninklijke KPN N.V. is a Dutch telecommunications company that provides connectivity and digital services to consumers, businesses and public-sector organizations. Its offerings include mobile and fixed-line communications, broadband internet, television, digital applications and related customer services.

KPN operates and manages telecommunications infrastructure in the Netherlands, including fiber-optic and mobile networks. The company also provides information and communications technology services for business customers, such as workplace connectivity, cloud solutions, cybersecurity and managed network services.