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

Koninklijke KPN NV (OTCMKTS:KKPNF) shares gapped up before the market opened on Monday. The stock had previously closed at $4.75, but opened at $5.0340. Koninklijke KPN shares last traded at $5.0340, with a volume of 268 shares traded.

Koninklijke KPN Stock Up 4.2%

The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 19.32 and a beta of 0.19. The firm has a 50-day moving average of $4.62 and a 200 day moving average of $5.01. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86.

Koninklijke KPN (OTCMKTS:KKPNF) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. The business had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Koninklijke KPN had a return on equity of 26.34% and a net margin of 15.20%. On average, sell-side analysts anticipate that Koninklijke KPN NV will post 0.27 earnings per share for the current year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN’s consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.