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

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.05 and traded as high as $4.26. Koninklijke KPN shares last traded at $4.16, with a volume of 7,168 shares trading hands.

Koninklijke KPN Stock Up 4.2 %

The company has a market cap of $17.47 billion, a PE ratio of 20.80 and a beta of 0.37. 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's fifty day moving average is $4.05 and its 200-day moving average is $3.88.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $0.06 EPS for the quarter. The firm had revenue of $1.50 billion during the quarter. Koninklijke KPN had a net margin of 14.95% and a return on equity of 23.14%. On average, analysts predict that Koninklijke KPN will post 0.22 EPS 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.