Koninklijke KPN (OTCMKTS:KKPNF) Sees Strong Trading Volume – Time to Buy?

Koninklijke KPN NV (OTCMKTS:KKPNFGet Free Report) shares saw an uptick in trading volume on Thursday . 428,250 shares were traded during trading, an increase of 597% from the previous session’s volume of 61,460 shares.The stock last traded at $4.9601 and had previously closed at $4.90.

Koninklijke KPN Price Performance

The company’s 50 day moving average price is $5.31 and its 200 day moving average price is $5.13. The firm has a market cap of $19.29 billion, a PE ratio of 19.08 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.06 earnings per share 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 return on equity of 26.25% and a net margin of 15.10%. Sell-side analysts expect that Koninklijke KPN NV will post 0.28 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

(Get Free Report)

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.

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