Koninklijke KPN (OTCMKTS:KKPNF) Cut to “Hold” at Sanford C. Bernstein

Sanford C. Bernstein downgraded shares of Koninklijke KPN (OTCMKTS:KKPNF) from a strong-buy rating to a hold rating in a research report report published on Thursday,Zacks.com reports.

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

Koninklijke KPN Price Performance

OTCMKTS:KKPNF opened at $3.68 on Thursday. Koninklijke KPN has a 52-week low of $3.32 and a 52-week high of $4.32. The business’s 50-day moving average price is $3.72 and its 200 day moving average price is $3.90. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46.

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.