Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – What’s Next?

Keppel REIT (OTCMKTS:KREVFGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.65, but opened at $0.7197. Keppel REIT shares last traded at $0.7201, with a volume of 1,442 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded 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, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Stock Report on Keppel REIT

Keppel REIT Stock Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.12 and a current ratio of 0.12. The business has a 50-day moving average of $0.71 and a two-hundred day moving average of $0.75.

Keppel REIT Company Profile

(Get Free Report)

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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