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

Koninklijke KPN NV (OTCMKTS:KKPNF)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $5.1130 and last traded at $5.1130, with a volume of 7962 shares changing hands. The stock had previously closed at $4.69.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Koninklijke KPN Stock Up 3.4%

The stock has a market cap of $18.86 billion, a price-to-earnings ratio of 20.21 and a beta of 0.28. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.72 and a quick ratio of 0.70. The business has a fifty day moving average of $4.60 and a 200 day moving average of $4.66.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings results on Wednesday, January 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Koninklijke KPN had a net margin of 14.72% and a return on equity of 24.84%. The firm had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.70 billion. On average, equities analysts predict that Koninklijke KPN NV will post 0.26 earnings per share for the current year.

Koninklijke KPN Company Profile

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.