Koninklijke KPN (OTCMKTS:KKPNF) Rating Lowered to Hold at Barclays

Barclays cut shares of Koninklijke KPN (OTCMKTS:KKPNF) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Koninklijke KPN Price Performance

Shares of KKPNF opened at $3.75 on Tuesday. Koninklijke KPN has a 52-week low of $3.31 and a 52-week high of $4.32. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46. The business’s 50 day moving average is $3.92 and its two-hundred day moving average is $3.94.

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.