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

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price gapped down before the market opened on Friday . The stock had previously closed at $5.27, but opened at $5.0260. Koninklijke KPN shares last traded at $5.1150, with a volume of 20,149 shares changing hands.

Koninklijke KPN Stock Performance

The company has a market capitalization of $20.28 billion, a PE ratio of 20.06 and a beta of 0.19. The company has a 50 day moving average price of $5.44 and a 200 day moving average price of $5.08.

Koninklijke KPN (OTCMKTS:KKPNF) last released its earnings results on Wednesday, April 29th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Koninklijke KPN had a net margin of 15.10% and a return on equity of 26.25%. On average, equities analysts forecast that Koninklijke KPN NV will post 0.28 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.

KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.