Shares of Keppel REIT (OTCMKTS:KREVF – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 25,891 shares were traded during trading, an increase of 188% from the previous session’s volume of 9,000 shares.The stock last traded at $0.6617 and had previously closed at $0.6455.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Keppel REIT to a “hold” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Keppel REIT presently has an average rating of “Hold”.
Get Our Latest Research Report on Keppel REIT
Keppel REIT Trading Down 0.5%
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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