Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 2,194,200 shares, a decline of 30.7% from the February 13th total of 3,165,100 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 46,200 shares, the short-interest ratio is currently 47.5 days.
Wall Street Analysts Forecast Growth
KKPNF has been the topic of a number of research analyst reports. Barclays downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Sanford C. Bernstein downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 23rd.
View Our Latest Report on KKPNF
Koninklijke KPN Price Performance
Koninklijke KPN (OTCMKTS:KKPNF – Get Free Report) last announced its earnings results 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 net margin of 15.04% and a return on equity of 23.41%. As a group, equities research analysts expect that Koninklijke KPN will post 0.26 earnings per share for the current 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.
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