Koninklijke KPN (OTCMKTS:KKPNF) Shares Gap Up – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNF) gapped up prior to trading on Monday . The stock had previously closed at $4.91, but opened at $5.30. Koninklijke KPN shares last traded at $5.30, with a volume of 109 shares changing hands.

Koninklijke KPN Trading Up 4.3%

The company’s 50-day moving average price is $5.22 and its two-hundred day moving average price is $5.15. The company has a market cap of $20.61 billion, a P/E ratio of 20.39 and a beta of 0.17.

Koninklijke KPN (OTCMKTS:KKPNF) last released its earnings results on Wednesday, April 29th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Koninklijke KPN had a return on equity of 26.25% and a net margin of 15.10%.The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $1.71 billion. Equities analysts forecast that Koninklijke KPN NV will post 0.28 earnings per share for the current year.

Koninklijke KPN Company Profile

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.