Keppel REIT (OTCMKTS:KREVF) Shares Gap Down – Should You Sell?

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $0.70, but opened at $0.6594. Keppel REIT shares last traded at $0.6594, with a volume of 611 shares.

Keppel REIT Stock Performance

The firm’s fifty day simple moving average is $0.67 and its 200 day simple moving average is $0.70. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41.

About Keppel REIT

(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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