Koninklijke KPN (OTCMKTS:KKPNF) Downgraded by Sanford C. Bernstein to Hold

Sanford C. Bernstein downgraded shares of Koninklijke KPN (OTCMKTS:KKPNF) from a strong-buy rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.

Separately, Barclays downgraded shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th.

Koninklijke KPN Stock Down 4.0 %

KKPNF stock opened at $3.68 on Thursday. The firm has a fifty day moving average price of $3.72 and a 200 day moving average price of $3.90. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.70 and a quick ratio of 0.68. Koninklijke KPN has a fifty-two week low of $3.32 and a fifty-two week high of $4.32.

Koninklijke KPN Company Profile

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.