Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – Time to Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up prior to trading on Tuesday . The stock had previously closed at $4.88, but opened at $5.0360. Koninklijke KPN shares last traded at $5.0360, with a volume of 1,315 shares traded.

Koninklijke KPN Price Performance

The business has a 50-day moving average of $5.24 and a two-hundred day moving average of $5.14. The company has a market cap of $18.97 billion, a P/E ratio of 18.76 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its earnings results on Wednesday, April 29th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.The firm had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.71 billion. Equities analysts anticipate that Koninklijke KPN NV will post 0.28 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.