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Koninklijke KPN (OTCMKTS:KKPNY) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Koninklijke KPN logo with Utilities background

Koninklijke KPN (OTCMKTS:KKPNY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.91 and traded as high as $4.67. Koninklijke KPN shares last traded at $4.62, with a volume of 206,146 shares trading hands.

Analysts Set New Price Targets

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

View Our Latest Stock Report on Koninklijke KPN

Koninklijke KPN Price Performance

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 firm has a fifty day simple moving average of $4.28 and a two-hundred day simple moving average of $3.93.

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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