Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) shares were up 5.9% during mid-day trading on Tuesday . The company traded as high as $1.80 and last traded at $1.80. 12,824 shares changed hands during trading, an increase of 723% from the average session volume of 1,559 shares. The stock had previously closed at $1.70.
Keppel DC REIT Price Performance
The company has a 50-day simple moving average of $1.78 and a 200 day simple moving average of $1.79.
Keppel DC REIT Company Profile
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.
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