Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report)’s share price dropped 2.7% during trading on Friday . The stock traded as low as $1.80 and last traded at $1.80. Approximately 1,000 shares were traded during trading, a decline of 26% from the average daily volume of 1,345 shares. The stock had previously closed at $1.85.
Keppel DC REIT Stock Performance
The company’s 50-day simple moving average is $1.83 and its 200 day simple moving average is $1.80.
About Keppel DC REIT
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.
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