Koninklijke KPN (OTCMKTS:KKPNF) Lowered to Hold Rating by Sanford C. Bernstein

Koninklijke KPN (OTCMKTS:KKPNF) was downgraded by equities researchers at Sanford C. Bernstein from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Separately, Barclays downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Koninklijke KPN Stock Performance

KKPNF stock opened at $3.68 on Thursday. Koninklijke KPN has a 12 month low of $3.32 and a 12 month high of $4.32. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46. The company has a fifty day moving average price of $3.72 and a 200 day moving average price of $3.90.

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.