Keppel REIT (OTCMKTS:KREVF – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 12,500 shares were traded during mid-day trading, an increase of 44% from the previous session’s volume of 8,710 shares.The stock last traded at $0.7221 and had previously closed at $0.7252.
Analyst Ratings Changes
Separately, Zacks Research raised Keppel REIT to a “hold” rating in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.
View Our Latest Report on Keppel REIT
Keppel REIT Trading Down 0.4%
About Keppel REIT
Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.
The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.
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