Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down – Time to Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped down before the market opened on Friday. The stock had previously closed at $4.75, but opened at $4.4750. Koninklijke KPN shares last traded at $4.3850, with a volume of 6,276 shares traded.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Koninklijke KPN Price Performance

The company has a market capitalization of $18.14 billion, a price-to-earnings ratio of 17.94 and a beta of 0.19. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66. The business has a 50 day moving average price of $4.65 and a 200-day moving average price of $4.97.

Koninklijke KPN (OTCMKTS:KKPNF) last released 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 return on equity of 26.07% and a net margin of 15.09%. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.68 billion. Research analysts predict that Koninklijke KPN NV will post 0.27 EPS 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.