Koninklijke KPN (OTCMKTS:KKPNY) Shares Gap Up – Still a Buy?

Koninklijke KPN NV (OTCMKTS:KKPNY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $5.48, but opened at $5.72. Koninklijke KPN shares last traded at $5.5945, with a volume of 1,539,138 shares trading hands.

Koninklijke KPN Stock Up 2.7%

The company has a quick ratio of 0.70, a current ratio of 0.72 and a debt-to-equity ratio of 1.82. The company has a 50 day moving average of $4.95 and a two-hundred day moving average of $4.75.

Koninklijke KPN Company Profile

Koninklijke KPN N.V. (KPN) is a Dutch telecommunications and information-communications-technology (ICT) company that provides a broad range of connectivity and digital services. Its core activities include fixed-line and mobile telephony, broadband internet, and television services for residential customers, alongside managed network, cloud, security and unified communications solutions for business and public-sector clients. KPN operates and maintains network infrastructure such as fiber and mobile networks, data centers, and platforms for Internet of Things (IoT) and cybersecurity services.

The company’s primary market is the Netherlands, where it serves households, small and medium-sized enterprises, large corporates and government organizations.