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Koninklijke KPN (OTCMKTS:KKPNF) Stock Crosses Above 50-Day Moving Average - Here's Why

Koninklijke KPN logo with Multi-Sector Conglomerates background

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.72 and traded as high as $3.78. Koninklijke KPN shares last traded at $3.68, with a volume of 9,101 shares.

Analyst Upgrades and Downgrades

KKPNF has been the topic of a number of research reports. Barclays cut Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 10th. Sanford C. Bernstein cut shares of Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a research note on Thursday.

View Our Latest Stock Analysis on KKPNF

Koninklijke KPN Stock Performance

The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46. The firm has a fifty day moving average price of $3.72 and a 200-day moving average price of $3.90.

Koninklijke KPN Company Profile

(Get Free Report)

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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