Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – Time to Buy?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $4.69, but opened at $4.95. Koninklijke KPN shares last traded at $4.95, with a volume of 187 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Koninklijke KPN currently has a consensus rating of “Buy”.

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Koninklijke KPN Stock Down 1.5%

The company has a market capitalization of $18.04 billion, a PE ratio of 17.85 and a beta of 0.19. The firm has a 50-day moving average of $4.81 and a two-hundred day moving average of $5.19.

Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.25%. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.68 billion. On average, equities research analysts expect that Koninklijke KPN NV will post 0.27 EPS for the current 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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