Keppel REIT (OTCMKTS:KREVF) Stock Price Down 22.8% – Should You Sell?

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s share price fell 22.8% during trading on Thursday . The stock traded as low as $0.5987 and last traded at $0.5987. 2,809 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 17,727 shares. The stock had previously closed at $0.7757.

Keppel REIT Stock Performance

The firm has a 50-day moving average price of $0.79 and a two-hundred day moving average price of $0.75.

Keppel REIT Company Profile

(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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