Koninklijke KPN (OTCMKTS:KKPNF) Lowered to Hold Rating by Barclays

Koninklijke KPN (OTCMKTS:KKPNF) was downgraded by research analysts at Barclays from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Koninklijke KPN Stock Up 0.8 %

KKPNF stock opened at $3.75 on Tuesday. Koninklijke KPN has a twelve month low of $3.31 and a twelve month high of $4.32. The business has a 50 day simple moving average of $3.92 and a 200-day simple moving average of $3.94. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68.

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.