Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Down 30.7% in February

Koninklijke KPN (OTCMKTS:KKPNF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 2,194,200 shares, a decline of 30.7% from the February 13th total of 3,165,100 shares. Based on an average daily volume of 46,200 shares, the short-interest ratio is currently 47.5 days. Currently, 0.1% of the shares of the stock are short sold.

Koninklijke KPN Trading Down 2.0 %

Shares of KKPNF stock opened at $4.07 on Tuesday. Koninklijke KPN has a fifty-two week low of $3.48 and a fifty-two week high of $4.32. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. The stock’s fifty day moving average is $3.76 and its two-hundred day moving average is $3.86. The firm has a market capitalization of $15.81 billion, a P/E ratio of 20.33 and a beta of 0.31.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. Research analysts expect that Koninklijke KPN will post 0.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on KKPNF shares. Barclays lowered shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Sanford C. Bernstein cut Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 23rd.

About Koninklijke KPN

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.