Koninklijke KPN (OTCMKTS:KKPNY) Shares Gap Up – Should You Buy?

Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $5.04, but opened at $5.19. Koninklijke KPN shares last traded at $5.1235, with a volume of 51,574 shares.

Koninklijke KPN Trading Up 5.0%

The stock’s fifty day simple moving average is $5.22 and its 200-day simple moving average is $5.15.

About Koninklijke KPN

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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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