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

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report) saw unusually-high trading volume on Thursday. 1,203,458 shares changed hands during mid-day trading, an increase of 1,921% from the average daily volume of 59,551 shares. The stock last traded at $5.0680 and had previously closed at $4.82.

Koninklijke KPN Price Performance

The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of 1.86. The stock has a market capitalization of $18.40 billion, a price-to-earnings ratio of 18.20 and a beta of 0.21. The company’s 50-day simple moving average is $4.64 and its 200 day simple moving average is $5.03.

Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07. Koninklijke KPN had a return on equity of 26.34% and a net margin of 15.20%. The company had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Equities research analysts forecast that Koninklijke KPN NV will post 0.27 EPS for the current year.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. is a telecommunications company based in the Netherlands. Its roots trace to the country’s former state-owned postal and telecommunications operator, PTT, which was reorganized as KPN in 1989. KPN provides mobile and fixed-line communications, broadband internet and television services to consumers. It also serves businesses and government organizations with connectivity, communications and information technology services. The company operates primarily in the Netherlands, where it owns and manages mobile and fixed networks, including fiber-optic infrastructure.

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