Koninklijke KPN (OTCMKTS:KKPNF) Shares Up 5.1% – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price was up 5.1% on Monday . The company traded as high as $4.95 and last traded at $4.95. Approximately 287 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 53,891 shares. The stock had previously closed at $4.71.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Koninklijke KPN currently has an average rating of “Buy”.

Koninklijke KPN Stock Performance

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 stock has a market cap of $18.43 billion, a P/E ratio of 18.23 and a beta of 0.19. The company has a 50-day simple moving average of $4.80 and a 200-day simple moving average of $5.19.

Koninklijke KPN (OTCMKTS:KKPNF) last announced 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 the consensus estimate of $1.68 billion. On average, sell-side analysts forecast that Koninklijke KPN NV will post 0.27 EPS 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.