Koninklijke KPN (OTCMKTS:KKPNF) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) saw unusually-strong trading volume on Friday . Approximately 240,160 shares changed hands during mid-day trading, an increase of 645% from the previous session’s volume of 32,226 shares.The stock last traded at $4.32 and had previously closed at $4.41.

Analyst Upgrades and Downgrades

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

Koninklijke KPN Trading Down 2.0%

The stock has a fifty day moving average of $4.56 and a 200 day moving average of $4.67. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.70 and a current ratio of 0.72. The company has a market capitalization of $16.80 billion, a P/E ratio of 19.64 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.46 billion. Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%. As a group, equities research analysts anticipate that Koninklijke KPN NV will post 0.26 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.