Koninklijke KPN (OTCMKTS:KKPNF) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Koninklijke KPN (OTCMKTS:KKPNF) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.66 and traded as high as $3.77. Koninklijke KPN shares last traded at $3.66, with a volume of 12,092 shares traded.

Wall Street Analysts Forecast Growth

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

Koninklijke KPN Trading Down 0.8 %

The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46. The firm has a market capitalization of $14.23 billion, a price-to-earnings ratio of 18.30 and a beta of 0.38. The business has a 50-day moving average of $3.66 and a two-hundred day moving average of $3.87.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings data 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 return on equity of 23.41% and a net margin of 15.04%. Research analysts predict that Koninklijke KPN will post 0.25 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.