Koninklijke KPN (OTCMKTS:KKPNF) Stock Falls 16.7% – Here’s What Happened

Koninklijke KPN NV (OTCMKTS:KKPNF – Get Free Report)’s stock price was down 16.7% during mid-day trading on Monday. The stock traded as low as $4.60 and last traded at $4.60. 4,756 shares traded hands during trading, a decline of 91% from the average session volume of 53,046 shares. The stock had previously closed at $5.52.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note 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. According to MarketBeat, the company currently has an average rating of “Buy”.

Get Koninklijke KPN alerts:

Get Our Latest Research Report on Koninklijke KPN

Koninklijke KPN Trading Up 3.4%

The company’s fifty day simple moving average is $4.74 and its 200-day simple moving average is $5.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66. The company has a market capitalization of $18.67 billion, a P/E ratio of 18.46 and a beta of 0.19.

Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). Koninklijke KPN had a net margin of 15.09% and a return on equity of 26.07%. The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.68 billion. Research analysts predict that Koninklijke KPN NV will post 0.27 earnings per share for the current year.

About Koninklijke KPN

(Get Free Report)

Koninklijke KPN N.V. is a Netherlands-based telecommunications company that provides fixed-line, mobile and broadband communications services. The company serves consumer and business customers with mobile voice and data, internet access, fiber-optic connectivity, television and related digital communications products.

KPN also provides information and communications technology services to business and public-sector customers. Its offerings include workplace and cloud services, cybersecurity, data connectivity, network management and other IT solutions.

See Also

• Five stocks we like better than Koninklijke KPN
• Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
• Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
• Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
• 2 China-Focused ETFs For After the Trump-Xi Summit

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.