Keppel DC REIT (OTCMKTS:KPDCF) Stock Price Down 0.8% – Here’s Why

Keppel DC REIT (OTCMKTS:KPDCFGet Free Report)’s stock price was down 0.8% during mid-day trading on Tuesday . The stock traded as low as $1.75 and last traded at $1.75. Approximately 1,500 shares changed hands during trading, a decline of 16% from the average daily volume of 1,789 shares. The stock had previously closed at $1.7650.

Keppel DC REIT Stock Performance

The firm has a 50-day moving average price of $1.78 and a two-hundred day moving average price of $1.81.

About Keppel DC REIT

(Get Free Report)

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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