Koninklijke KPN (OTCMKTS:KKPNF) Sets New 52-Week High – What’s Next?

Koninklijke KPN (OTCMKTS:KKPNF)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $4.42 and last traded at $4.15, with a volume of 8498 shares changing hands. The stock had previously closed at $4.25.

Analyst Ratings Changes

Several research firms have recently issued reports on KKPNF. Sanford C. Bernstein lowered Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Barclays lowered shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Koninklijke KPN Stock Up 0.7 %

The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46. The firm’s fifty day moving average price is $3.89 and its 200-day moving average price is $3.86. The company has a market cap of $17.11 billion, a price-to-earnings ratio of 22.00 and a beta of 0.31.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05. Koninklijke KPN had a return on equity of 23.41% and a net margin of 15.04%. Sell-side analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current year.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.