Keppel REIT (OTCMKTS:KREVF) Stock Price Down 1% – Here’s What Happened

Keppel REIT (OTCMKTS:KREVFGet Free Report) shares dropped 1% on Monday . The company traded as low as $0.6440 and last traded at $0.6440. 1,000 shares changed hands during mid-day trading, an increase of 1,684% from the average daily volume of 56 shares. The stock had previously closed at $0.6504.

Keppel REIT Price Performance

The firm’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $0.68. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41.

Keppel REIT Company Profile

(Get Free Report)

Keppel REIT is a Singapore-based real estate investment trust focused on owning and managing a portfolio of commercial properties. Its investments are primarily office buildings and related commercial assets in key business districts, with the objective of generating rental income and providing long-term value to unitholders.

The REIT’s portfolio has historically included prominent office properties in Singapore, such as interests in Marina Bay Financial Centre, One Raffles Quay and Ocean Financial Centre.

Further Reading

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