Koninklijke KPN NV (OTCMKTS:KKPNF) Stock Short Interest Report for October

Key Points

• Short interest more than doubled in October, rising 124% to 11.29 million shares as of October 15 from 5.04 million at September-end. The short-interest ratio reached 94.9 days, despite shorted shares representing about 0.3% of outstanding stock.
• Koninklijke KPN shares were trading at $4.75, up 3.3%, with a 52-week range of $4.18 to $5.81. The company had an $18.47 billion market capitalization and traded below its 200-day moving average of $5.01.
• KPN’s latest quarterly results matched analyst expectations, with earnings of $0.07 per share and revenue of $3.32 billion. The telecommunications company reported a 26.34% return on equity and a 15.20% net margin.

Koninklijke KPN NV (OTCMKTS:KKPNF - Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 11,292,726 shares, a growth of 124.0% from the September 30th total of 5,041,039 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily trading volume, of 119,035 shares, the short-interest ratio is currently 94.9 days.

Koninklijke KPN Trading Up 3.3%

OTCMKTS KKPNF opened at $4.75 on Friday. Koninklijke KPN has a 1-year low of $4.18 and a 1-year high of $5.81. The company has a current ratio of 0.66, a quick ratio of 0.63 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $18.47 billion, a PE ratio of 18.27 and a beta of 0.19. The firm's fifty day simple moving average is $4.62 and its 200-day simple moving average is $5.01.

Koninklijke KPN (OTCMKTS:KKPNF - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.07. Koninklijke KPN had a return on equity of 26.34% and a net margin of 15.20%. The firm had revenue of $3.32 billion during the quarter, compared to analysts' expectations of $3.32 billion. As a group, sell-side analysts anticipate that Koninklijke KPN will post 0.27 earnings per share for the current fiscal year.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. is a telecommunications company headquartered in the Netherlands. The company provides mobile and fixed-line communications services to consumers, businesses and public-sector organizations, primarily within the Dutch market.

KPN's consumer offerings include mobile connectivity, broadband internet, fixed-line telephone services and television. The company also provides related digital services and operates communications networks that support voice, data and internet traffic.

Through its business activities, KPN serves small and medium-sized enterprises, large corporations and government customers with connectivity, workplace communications, cloud, cybersecurity and other information and communications technology solutions.

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