Koninklijke KPN (OTCMKTS:KKPNF) Hits New 12-Month High – Should You Buy?

Koninklijke KPN (OTCMKTS:KKPNF)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $4.77 and last traded at $4.58, with a volume of 8538 shares changing hands. The stock had previously closed at $4.55.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein cut Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

Koninklijke KPN Stock Performance

The stock’s 50 day moving average price is $4.02 and its two-hundred day moving average price is $3.88. 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 has a market capitalization of $17.81 billion, a price-to-earnings ratio of 22.90 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its earnings results on Thursday, January 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. On average, analysts forecast that Koninklijke KPN will post 0.26 EPS 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.