Keppel REIT (KREVF) to Announce Quarterly Earnings on Tuesday

Keppel REIT (OTCMKTS:KREVF) is projected to announce its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.0155 per share and revenue of $125.2190 million for the quarter.

Keppel REIT Stock Performance

KREVF opened at $0.70 on Tuesday. The stock has a 50-day moving average price of $0.67 and a 200-day moving average price of $0.71. Keppel REIT has a 1 year low of $0.50 and a 1 year high of $1.20. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Keppel REIT to a “hold” rating in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Keppel REIT has an average rating of “Hold”.

Keppel REIT Company Profile

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.