Koninklijke KPN (OTCMKTS:KKPNY) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of Koninklijke KPN (OTCMKTS:KKPNYGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.81 and traded as high as $4.18. Koninklijke KPN shares last traded at $4.13, with a volume of 234,118 shares.

Koninklijke KPN Trading Up 1.7 %

The business has a fifty day simple moving average of $3.81 and a two-hundred day simple moving average of $3.85. 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 Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 5th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $0.1063 per share. This is a positive change from Koninklijke KPN’s previous dividend of $0.06. The ex-dividend date of this dividend is Wednesday, April 23rd.

Koninklijke KPN Company Profile

(Get Free Report)

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.

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