Koninklijke KPN (OTCMKTS:KKPNF) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Koninklijke KPN (OTCMKTS:KKPNF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.94 and traded as low as $3.49. Koninklijke KPN shares last traded at $3.49, with a volume of 6,729 shares trading hands.

Analyst Ratings Changes

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

Koninklijke KPN Stock Performance

The company has a market cap of $14.64 billion, a PE ratio of 17.43 and a beta of 0.37. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70. The firm’s 50 day moving average is $3.88 and its 200-day moving average is $3.94.

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.