Shares of Koninklijke KPN NV (OTCMKTS:KKPNY – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,146,177 shares changed hands during mid-day trading, an increase of 123% from the previous session’s volume of 512,852 shares.The stock last traded at $4.58 and had previously closed at $4.67.
Koninklijke KPN Trading Up 2.4%
The stock has a 50-day moving average of $4.89 and a 200 day moving average of $5.21. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.64 and a quick ratio of 0.62.
Koninklijke KPN Company Profile
Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.
The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.
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