Koninklijke KPN (OTCMKTS:KKPNF) Sees Large Decrease in Short Interest

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,194,200 shares, a decline of 30.7% from the February 13th total of 3,165,100 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 46,200 shares, the short-interest ratio is presently 47.5 days.

Koninklijke KPN Stock Performance

Shares of KKPNF stock traded down $0.08 during trading hours on Monday, reaching $4.07. The company had a trading volume of 15,428 shares, compared to its average volume of 22,887. The business has a fifty day moving average price of $3.75 and a 200-day moving average price of $3.86. Koninklijke KPN has a one year low of $3.48 and a one year high of $4.32. The firm has a market cap of $15.81 billion, a PE ratio of 20.33 and a beta of 0.31. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70.

Koninklijke KPN (OTCMKTS:KKPNFGet Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. Sell-side analysts predict that Koninklijke KPN will post 0.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KKPNF. Sanford C. Bernstein lowered shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Barclays lowered shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Read Our Latest Analysis on KKPNF

Koninklijke KPN Company Profile

(Get Free Report)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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