Keppel (OTCMKTS:KPELY) Sets New 12-Month High – Here’s What Happened

Keppel Ltd. (OTCMKTS:KPELYGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $11.34 and last traded at $10.45, with a volume of 1216 shares trading hands. The stock had previously closed at $9.68.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Keppel to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Read Our Latest Report on Keppel

Keppel Trading Up 8.0 %

The stock’s 50-day moving average is $9.85 and its 200-day moving average is $9.72.

About Keppel

(Get Free Report)

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.

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