Koninklijke KPN (OTCMKTS:KKPNF) Sees Unusually-High Trading Volume – Time to Buy?

Koninklijke KPN NV (OTCMKTS:KKPNF) shares saw an uptick in trading volume on Thursday. 1,203,458 shares were traded during mid-day trading, an increase of 1,921% from the average daily volume of 59,551 shares. The stock last traded at $5.0680 and had previously closed at $4.82.

Koninklijke KPN Price Performance

The stock has a 50 day moving average price of $4.64 and a two-hundred day moving average price of $5.03. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.63 and a current ratio of 0.66. The company has a market capitalization of $18.40 billion, a PE ratio of 18.20 and a beta of 0.21.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. Koninklijke KPN had a return on equity of 26.34% and a net margin of 15.20%. The business had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Equities analysts forecast 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 based in the Netherlands. Its roots trace to the country’s former state-owned postal and telecommunications operator, PTT, which was reorganized as KPN in 1989. KPN provides mobile and fixed-line communications, broadband internet and television services to consumers. It also serves businesses and government organizations with connectivity, communications and information technology services. The company operates primarily in the Netherlands, where it owns and manages mobile and fixed networks, including fiber-optic infrastructure.