Koninklijke KPN (OTCMKTS:KKPNF) Sets New 1-Year Low – Here’s Why

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price hit a new 52-week low during trading on Friday. The stock traded as low as $4.1950 and last traded at $4.1950, with a volume of 11431 shares traded. The stock had previously closed at $4.41.

Analyst Ratings Changes

Separately, Kepler Capital Markets upgraded shares of 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 issued a Hold rating to the stock. According to data from MarketBeat.com, Koninklijke KPN currently has an average rating of “Buy”.

Koninklijke KPN Stock Down 4.9%

The company has a debt-to-equity ratio of 1.86, a current ratio of 0.66 and a quick ratio of 0.63. The firm has a 50-day moving average price of $4.68 and a two-hundred day moving average price of $5.01. The company has a market capitalization of $16.31 billion, a price-to-earnings ratio of 16.14 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.68 billion. Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.07%. As a group, sell-side analysts anticipate that Koninklijke KPN NV will post 0.27 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

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.