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

Koninklijke KPN logo with Utilities background

Koninklijke KPN (OTCMKTS:KKPNY - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.53 and traded as high as $4.82. Koninklijke KPN shares last traded at $4.77, with a volume of 286,428 shares traded.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on KKPNY

Koninklijke KPN Trading Down 1.4%

The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. The business has a 50 day moving average of $4.56 and a 200 day moving average of $4.05.

Koninklijke KPN Company Profile

(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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