Shares of Keppel REIT (OTCMKTS:KREVF – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $0.6594, but opened at $0.6979. Keppel REIT shares last traded at $0.6582, with a volume of 888 shares traded.
Keppel REIT Stock Performance
The firm’s 50 day moving average price is $0.67 and its 200-day moving average price is $0.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.12 and a quick ratio of 0.12.
About Keppel REIT
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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