Keppel (OTCMKTS:KPELY) Shares Gap Up – Here’s Why

Keppel Corp. (OTCMKTS:KPELY – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $17.38, but opened at $17.88. Keppel shares last traded at $17.88, with a volume of 130 shares traded.

Keppel Stock Performance

The firm has a 50 day moving average price of $17.87 and a 200-day moving average price of $17.66.

About Keppel

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Keppel Ltd. is a Singapore-based global asset manager and operator with businesses spanning infrastructure, real estate and connectivity. The company develops, owns and manages assets that support urbanization, energy transition and digitalization, serving customers and partners across Asia and other international markets.

Its energy and environment activities include power generation, renewable energy, energy transition solutions, environmental services and related infrastructure. Keppel also develops and manages commercial, residential and mixed-use properties, with a portfolio that includes urban development projects, investment properties and real estate funds.

Through its connectivity business, Keppel provides data centre, subsea cable and other digital infrastructure solutions.

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