Koninklijke KPN (OTCMKTS:KKPNY) Shares Gap Up – Here’s Why

Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $5.48, but opened at $5.72. Koninklijke KPN shares last traded at $5.5945, with a volume of 1,539,138 shares.

Koninklijke KPN Stock Up 2.6%

The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82. The business has a 50-day moving average price of $4.97 and a two-hundred day moving average price of $4.76.

Koninklijke KPN Company Profile

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Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.

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