From MarketBeat:

Koninklijke KPN experienced a significant decrease in short interest in December, with a total of 60,200 shares, a 20.4% decrease from November 30th. The days-to-cover ratio is currently 0.1 days based on an average trading volume of 923,000 shares. This decline reflects a positive view of the company’s performance in the market.

Shares of Koninklijke KPN stock remained flat at $3.42 on Friday, with 218,067 shares traded. The company’s quick ratio is 0.62, the current ratio is 0.65, and the debt-to-equity ratio is 1.57. The stock has a 50-day moving average of $3.40 and a two-hundred day moving average of $3.45. Koninklijke KPN’s 1-year low is $3.02 and its 1-year high is $3.80.

Analysts are optimistic about the future growth of KKPNY, with five recent rating reports resulting in a consensus rating of “Hold” and an average target price of $4.40. BNP Paribas, Citigroup, and Redburn Atlantic each upgraded or downgraded their recommendation to “neutral” or “outperform,” reflecting mixed analyst sentiment.

Koninklijke KPN N.V. provides telecommunications and IT services in the Netherlands, with business divided into Consumer, Business, Wholesale, and Network, Operations & IT segments. Services include fixed and mobile telephony, internet, television, infrastructure and network-related IT solutions to business customers, and wholesale network services to third parties.

While the stock has a “Hold” rating, MarketBeat identifies five other stocks which top-rated analysts recommend as a better buy.

Investors interested in avoiding market uncertainty while still making informed investment decisions can access a free report for guidance.



Read more: Koninklijke KPN (OTCMKTS:KKPNY) Short Interest Down 20.4% in December