Koninklijke KPN (OTCMKTS:KKPNF) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Koninklijke KPN (OTCMKTS:KKPNF) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.65 and traded as high as $3.82. Koninklijke KPN shares last traded at $3.67, with a volume of 103,004 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KKPNF. Barclays cut shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Sanford C. Bernstein downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 23rd.

Koninklijke KPN Stock Up 1.1 %

The stock has a market capitalization of $14.27 billion, a price-to-earnings ratio of 18.35 and a beta of 0.38. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68. The business has a fifty day moving average of $3.65 and a 200 day moving average of $3.86.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its earnings results on Thursday, January 30th. The company reported $0.05 EPS for the quarter, meeting analysts’ consensus estimates of $0.05. Koninklijke KPN had a return on equity of 23.41% and a net margin of 15.04%. As a group, equities analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.