Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 1-Year High – What’s Next?

Koninklijke KPN (OTCMKTS:KKPNF) hit a new 52-week high on Thursday . The stock traded as high as $4.35 and last traded at $4.19, with a volume of 6051 shares changing hands. The stock had previously closed at $4.13.

Analysts Set New Price Targets

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

Koninklijke KPN Stock Performance

The firm has a market cap of $16.29 billion, a P/E ratio of 20.95 and a beta of 0.31. 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’s 50-day moving average is $3.83 and its two-hundred day moving average is $3.86.

Koninklijke KPN (OTCMKTS:KKPNF) last posted its earnings results on Thursday, January 30th. The company reported $0.05 earnings per share 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 EPS for the current fiscal 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.