Koninklijke KPN (OTCMKTS:KKPNF) Stock Price Down 5.2% – Should You Sell?

Koninklijke KPN NV (OTCMKTS:KKPNF)’s share price traded down 5.2% during trading on Monday . The company traded as low as $4.70 and last traded at $4.70. 1,445 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 60,833 shares. The stock had previously closed at $4.96.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Koninklijke KPN from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Koninklijke KPN Stock Up 3.8%

The company has a market capitalization of $20.03 billion, a PE ratio of 19.81 and a beta of 0.18. The stock’s fifty day moving average price is $5.05 and its two-hundred day moving average price is $5.18.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%. On average, equities research analysts forecast that Koninklijke KPN NV will post 0.27 EPS 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.