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Koninklijke KPN (OTCMKTS:KKPNY) Sees Strong Trading Volume - Here's What Happened

Koninklijke KPN logo with Utilities background

Koninklijke KPN NV (OTCMKTS:KKPNY - Get Free Report) saw an uptick in trading volume on Thursday . 3,037,361 shares changed hands during mid-day trading, an increase of 551% from the previous session's volume of 466,661 shares.The stock last traded at $4.72 and had previously closed at $4.84.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded Koninklijke KPN to a "hold" rating in a research report on Wednesday, April 9th.

Read Our Latest Analysis on KKPNY

Koninklijke KPN Stock Down 2.3%

The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.58 and a current ratio of 0.60. The firm has a 50 day moving average price of $4.76 and a 200-day moving average price of $4.25.

About Koninklijke KPN

(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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