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

Koninklijke KPN NV (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 $4.63 and traded as high as $4.92. Koninklijke KPN shares last traded at $4.78, with a volume of 14,166 shares traded.

Koninklijke KPN Stock Performance

The stock has a market cap of $18.67 billion, a P/E ratio of 24.00 and a beta of 0.35. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.72 and a current ratio of 0.74. The firm's 50 day moving average is $4.65 and its 200 day moving average is $4.12.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Koninklijke KPN had a net margin of 14.88% and a return on equity of 23.34%. The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.41 billion. Analysts anticipate that Koninklijke KPN NV will post 0.26 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.