Keppel (KPELY) Projected to Post Earnings on Wednesday

Keppel (OTCMKTS:KPELY) will likely be releasing its resultson Wednesday, July 29th. Analysts expect Keppel to announce earnings of $0.3252 per share and revenue of $2.0562 billion for the quarter.

Keppel Stock Performance

Keppel stock opened at $17.59 on Wednesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.15 and a current ratio of 1.34. The stock’s 50 day moving average is $16.96 and its 200 day moving average is $17.87. Keppel has a twelve month low of $12.27 and a twelve month high of $21.11.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Keppel to a “hold” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

About Keppel

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.