Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $4.88, but opened at $5.0360. Koninklijke KPN shares last traded at $5.0360, with a volume of 1,315 shares trading hands.

Koninklijke KPN Price Performance

The company’s 50-day moving average price is $5.27 and its two-hundred day moving average price is $5.14. The company has a market capitalization of $18.80 billion, a price-to-earnings ratio of 18.59 and a beta of 0.17.

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

About Koninklijke KPN

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.