Keppel (OTCMKTS:KPELY) Stock Crosses Above 50-Day Moving Average – What’s Next?

Keppel Ltd. (OTCMKTS:KPELY)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.89 and traded as high as $9.90. Keppel shares last traded at $9.81, with a volume of 1,070 shares changing hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Keppel to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Keppel Price Performance

The stock’s fifty day simple moving average is $9.91 and its 200 day simple moving average is $9.77. The company has a current ratio of 1.05, a quick ratio of 0.73 and a debt-to-equity ratio of 0.85.

Keppel Company Profile

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.