Koninklijke KPN NV (OTCMKTS:KKPNF) Short Interest Down 24.9% in December

Koninklijke KPN NV (OTCMKTS:KKPNF) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,942,603 shares, a decrease of 24.9% from the December 15th total of 11,901,727 shares. Based on an average daily trading volume, of 734,178 shares, the short-interest ratio is presently 12.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 734,178 shares, the short-interest ratio is presently 12.2 days.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Koninklijke KPN presently has an average rating of “Moderate Buy”.

Koninklijke KPN Stock Down 2.0%

Shares of KKPNF opened at $4.32 on Friday. The firm has a fifty day moving average price of $4.56 and a 200-day moving average price of $4.67. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of $16.80 billion, a P/E ratio of 19.64 and a beta of 0.28. Koninklijke KPN has a 12-month low of $3.50 and a 12-month high of $5.10.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The company had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $1.46 billion. Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. Equities research analysts expect that Koninklijke KPN will post 0.26 earnings per share for the current 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.