Koninklijke KPN (OTCMKTS:KKPNF) Trading 8.8% Higher – Still a Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNFGet Free Report) were up 8.8% during mid-day trading on Thursday . The stock traded as high as $5.05 and last traded at $5.05. 3,190 shares changed hands during trading, a decline of 95% from the average session volume of 65,079 shares. The stock had previously closed at $4.64.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on KKPNF

Koninklijke KPN Price Performance

The company has a fifty day moving average price of $5.18 and a 200 day moving average price of $5.16. The company has a market capitalization of $19.64 billion, a P/E ratio of 19.42 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) last announced its quarterly 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 return on equity of 26.25% and a net margin of 15.10%.The company had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.71 billion. On average, equities research analysts predict that Koninklijke KPN NV will post 0.27 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.

Read More

Receive News & Ratings for Koninklijke KPN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke KPN and related companies with MarketBeat.com's FREE daily email newsletter.