Koninklijke KPN NV (OTCMKTS:KKPNY – Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.37 and traded as low as $4.95. Koninklijke KPN shares last traded at $4.9550, with a volume of 296,423 shares trading hands.
Koninklijke KPN Stock Performance
The company’s 50 day simple moving average is $5.37 and its 200-day simple moving average is $5.10.
About Koninklijke KPN
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.
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