Keppel Corp. (OTCMKTS:KPELY – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 11,005 shares, a growth of 49.0% from the July 30th total of 7,385 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 10,882 shares, the short-interest ratio is presently 1.0 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Keppel to a “hold” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
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Keppel Stock Performance
Keppel Company Profile
Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.
In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.
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