Koninklijke KPN (OTCMKTS:KKPNF) Reaches New 12-Month High - Here's Why

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KKPNF shares. Sanford C. Bernstein downgraded 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 research report on Tuesday, December 10th.

Koninklijke KPN Stock Performance

The business's 50-day moving average price is $3.91 and its 200-day moving average price is $3.86. The stock has a market cap of $16.06 billion, a P/E ratio of 20.65 and a beta of 0.28. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.05 EPS for the quarter, meeting 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, sell-side analysts expect that Koninklijke KPN will post 0.26 earnings per share for the current fiscal year.

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.