Koninklijke KPN NV (OTCMKTS:KKPNF) Short Interest Update

Koninklijke KPN NV (OTCMKTS:KKPNF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 8,942,603 shares, a drop of 24.9% from the December 15th total of 11,901,727 shares. Based on an average trading volume of 734,178 shares, the short-interest ratio is presently 12.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 734,178 shares, the short-interest ratio is presently 12.2 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Koninklijke KPN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Koninklijke KPN Trading Down 2.0%

Shares of KKPNF traded down $0.09 during mid-day trading on Friday, reaching $4.32. The company’s stock had a trading volume of 251,839 shares, compared to its average volume of 64,135. Koninklijke KPN has a 52 week low of $3.50 and a 52 week high of $5.10. The stock has a market cap of $16.80 billion, a PE ratio of 19.64 and a beta of 0.28. The company’s fifty day moving average price is $4.56 and its two-hundred day moving average price is $4.67. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 1.82.

Koninklijke KPN (OTCMKTS:KKPNF) last issued its earnings results on Tuesday, October 28th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The business had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Koninklijke KPN had a return on equity of 23.72% and a net margin of 14.37%. On average, analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current fiscal year.

About Koninklijke KPN

Koninklijke KPN N.V. (Royal KPN) is a Dutch telecommunications and ICT services company headquartered in The Hague. The group traces its origins to the Dutch national postal and telecommunications service and evolved into a privatized commercial operator. KPN is primarily listed on Euronext Amsterdam and its American depositary receipts trade over the counter under the symbol KKPNF.

KPN’s core activities cover a full range of telecommunications and digital infrastructure services. For consumer markets it offers fixed-line and mobile voice services, broadband internet, television and bundled connectivity packages.