Koninklijke KPN (OTCMKTS:KKPNF) Short Interest Up 29.0% in January

Koninklijke KPN (OTCMKTS:KKPNF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 2,932,100 shares, an increase of 29.0% from the January 15th total of 2,272,700 shares. Based on an average trading volume of 32,800 shares, the days-to-cover ratio is presently 89.4 days.

Wall Street Analysts Forecast Growth

Several research analysts have commented on KKPNF shares. Barclays cut shares of Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Sanford C. Bernstein lowered Koninklijke KPN from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 23rd.

Koninklijke KPN Stock Down 0.8 %

Shares of OTCMKTS KKPNF traded down $0.03 during midday trading on Friday, hitting $3.66. 12,092 shares of the company’s stock were exchanged, compared to its average volume of 16,411. The firm’s fifty day simple moving average is $3.66 and its 200-day simple moving average is $3.87. The company has a market cap of $14.23 billion, a PE ratio of 18.30 and a beta of 0.38. Koninklijke KPN has a twelve month low of $3.46 and a twelve month high of $4.32. 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 (OTCMKTS:KKPNF) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. Koninklijke KPN had a net margin of 15.04% and a return on equity of 23.41%. Research analysts predict that Koninklijke KPN will post 0.25 EPS for the current fiscal year.

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.