Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Down 30.7% in February

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,194,200 shares, a drop of 30.7% from the February 13th total of 3,165,100 shares. Approximately 0.1% of the company's stock are sold short. Based on an average trading volume of 46,200 shares, the short-interest ratio is currently 47.5 days.

Analysts Set New Price Targets

A number of brokerages have weighed in on KKPNF. Sanford C. Bernstein cut shares of Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 23rd. Barclays downgraded Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 10th.

Koninklijke KPN Stock Down 4.7 %

Shares of OTCMKTS:KKPNF traded down $0.20 on Thursday, hitting $4.09. 6,986 shares of the company traded hands, compared to its average volume of 22,030. The stock has a 50 day simple moving average of $3.78 and a 200-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. The company has a market cap of $15.91 billion, a PE ratio of 20.45 and a beta of 0.31. Koninklijke KPN has a 52 week low of $3.48 and a 52 week high of $4.32.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last released its quarterly earnings data 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%. As a group, research analysts expect that Koninklijke KPN will post 0.26 earnings per share for the current year.

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About Koninklijke KPN

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.