Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Update

Koninklijke KPN (OTCMKTS:KKPNF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,316,000 shares, an increase of 96.7% from the February 28th total of 2,194,200 shares. Based on an average trading volume of 88,200 shares, the days-to-cover ratio is currently 48.9 days. Approximately 0.1% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on KKPNF shares. Sanford C. Bernstein downgraded Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note 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 Trading Up 0.7 %

Koninklijke KPN stock traded up $0.03 during midday trading on Friday, hitting $4.22. 22,875 shares of the stock were exchanged, compared to its average volume of 20,906. The stock has a market capitalization of $16.41 billion, a PE ratio of 21.10 and a beta of 0.31. The company has a fifty day simple moving average of $3.85 and a two-hundred day simple moving average of $3.86. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46. Koninklijke KPN has a 52 week low of $3.48 and a 52 week high of $4.35.

Koninklijke KPN (OTCMKTS:KKPNF) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. Equities research analysts anticipate 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.