Koninklijke KPN (OTCMKTS:KKPNF) Share Price Passes Above 50 Day Moving Average - What's Next?

Shares of Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.96 and traded as high as $4.41. Koninklijke KPN shares last traded at $4.32, with a volume of 10,289 shares.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein lowered Koninklijke KPN from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 23rd.

Koninklijke KPN Stock Up 1.4 %

The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68. The company has a 50 day moving average of $4.01 and a 200-day moving average of $3.88. The company has a market cap of $17.46 billion, a P/E ratio of 22.45 and a beta of 0.28.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $0.05 EPS for the quarter, meeting analysts' consensus estimates of $0.05. Koninklijke KPN had a return on equity of 23.41% and a net margin of 15.04%. On average, equities analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current 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.