Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – Should You Buy?

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $0.6693, but opened at $0.6993. Keppel REIT shares last traded at $0.7389, with a volume of 484 shares.

Keppel REIT Stock Performance

The business’s 50 day simple moving average is $0.75 and its 200 day simple moving average is $0.76. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.41.

About Keppel REIT

(Get Free Report)

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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