Koninklijke KPN (OTCMKTS:KKPNY) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Key Points

• Koninklijke KPN's stock price has fallen below its fifty-day moving average of $4.71, trading at $4.76 with a volume of 166,806 shares on Tuesday.
• The company has a debt-to-equity ratio of 1.52 alongside a current ratio of 0.60 and a quick ratio of 0.58, indicating potential liquidity issues.
• Koninklijke KPN recently announced a dividend payment of $0.0682 per share, reflecting a significant yield of 358.0%.

Koninklijke KPN NV (OTCMKTS:KKPNY - )'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.71 and traded as low as $4.71. Koninklijke KPN shares last traded at $4.76, with a volume of 166,806 shares traded.

Koninklijke KPN Price Performance

The company has a current ratio of 0.60, a quick ratio of 0.58 and a debt-to-equity ratio of 1.52. The stock's 50-day simple moving average is $4.71 and its two-hundred day simple moving average is $4.63.

Koninklijke KPN Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, August 8th. Investors of record on Thursday, August 7th were paid a dividend of $0.0682 per share. The ex-dividend date was Wednesday, August 6th. This represents a yield of 358.0%.

About Koninklijke KPN

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.