Koninklijke KPN (OTCMKTS:KKPNF) Cut to Hold at Barclays

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

Koninklijke KPN Stock Up 0.8 %

OTCMKTS KKPNF opened at $3.75 on Tuesday. Koninklijke KPN has a 12 month low of $3.31 and a 12 month high of $4.32. The company’s 50 day simple moving average is $3.92 and its 200 day simple moving average is $3.94. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.46.

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.