Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 12-Month High – Time to Buy?

Koninklijke KPN (OTCMKTS:KKPNF)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $4.42 and last traded at $4.15, with a volume of 8498 shares changing hands. The stock had previously closed at $4.25.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Sanford C. Bernstein downgraded Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 23rd. Barclays lowered Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Koninklijke KPN Stock Up 0.7 %

The stock has a market cap of $17.11 billion, a price-to-earnings ratio of 22.00 and a beta of 0.31. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. The firm’s 50-day simple moving average is $3.89 and its two-hundred day simple moving average is $3.86.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its quarterly 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 net margin of 15.04% and a return on equity of 23.41%. On average, sell-side analysts expect 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.