Koninklijke KPN (OTCMKTS:KKPNF) Trading Down 8.3% – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares were down 8.3% on Friday . The company traded as low as $5.2010 and last traded at $5.2010. Approximately 2,747 shares changed hands during trading, a decline of 96% from the average daily volume of 65,225 shares. The stock had previously closed at $5.67.

Koninklijke KPN Trading Down 4.8%

The firm has a market capitalization of $21.00 billion, a price-to-earnings ratio of 22.50 and a beta of 0.24. The firm has a fifty day moving average price of $5.52 and a 200 day moving average price of $4.94.

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