Koninklijke KPN (OTCMKTS:KKPNY) Short Interest Update

Koninklijke KPN (OTCMKTS:KKPNYGet Rating) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 6,900 shares, a drop of 97.6% from the June 30th total of 292,200 shares. Based on an average trading volume of 774,000 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

KKPNY has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their target price on shares of Koninklijke KPN from €3.60 ($3.67) to €4.40 ($4.49) and gave the stock an “overweight” rating in a report on Wednesday, June 29th. Barclays raised their price target on shares of Koninklijke KPN from €3.50 ($3.57) to €3.60 ($3.67) in a research note on Tuesday, May 3rd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Koninklijke KPN currently has a consensus rating of “Moderate Buy” and an average target price of $4.00.

Koninklijke KPN Stock Performance

Shares of KKPNY traded up $0.09 during mid-day trading on Thursday, hitting $3.41. 617,599 shares of the company’s stock were exchanged, compared to its average volume of 811,825. Koninklijke KPN has a 52 week low of $2.84 and a 52 week high of $3.90. The company has a 50-day simple moving average of $3.54 and a 200 day simple moving average of $3.46. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.84 and a quick ratio of 0.82.

About Koninklijke KPN

(Get Rating)

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 consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

Featured Articles

Receive News & Ratings for Koninklijke KPN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Koninklijke KPN and related companies with MarketBeat.com's FREE daily email newsletter.