Koninklijke KPN (OTCMKTS:KKPNF) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Koninklijke KPN (OTCMKTS:KKPNF)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.72 and traded as high as $3.78. Koninklijke KPN shares last traded at $3.68, with a volume of 9,101 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on KKPNF shares. Sanford C. Bernstein cut shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Thursday. Barclays downgraded Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th.

Koninklijke KPN Price Performance

The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46. The company’s 50-day simple moving average is $3.72 and its two-hundred day simple moving average is $3.90.

About Koninklijke KPN

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.