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

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.57 and traded as high as $4.86. Koninklijke KPN shares last traded at $4.70, with a volume of 16,946 shares changing hands.

Koninklijke KPN Stock Performance

The firm has a fifty day simple moving average of $4.60 and a 200 day simple moving average of $4.09. 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 stock has a market cap of $18.41 billion, a price-to-earnings ratio of 23.68 and a beta of 0.35.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.41 billion. 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 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.