Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Down – Time to Sell?

Shares of Koninklijke KPN NV (OTCMKTS:KKPNF) gapped down prior to trading on Tuesday . The stock had previously closed at $4.6170, but opened at $4.3590. Koninklijke KPN shares last traded at $4.3590, with a volume of 1,136 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Koninklijke KPN Price Performance

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 firm has a market capitalization of $16.95 billion, a price-to-earnings ratio of 19.81 and a beta of 0.28. The company’s 50 day moving average is $4.58 and its 200-day moving average is $4.68.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.01). Koninklijke KPN had a net margin of 14.37% and a return on equity of 23.72%. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.46 billion. Equities research analysts anticipate that Koninklijke KPN NV will post 0.26 earnings per share for the current year.

About Koninklijke KPN

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.