Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – Should You Buy?

Shares of Keppel REIT (OTCMKTS:KREVF – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $0.5028, but opened at $0.56. Keppel REIT shares last traded at $0.6060, with a volume of 357 shares changing hands.

Keppel REIT Trading Up 20.5%

The stock has a fifty day moving average of $0.78 and a 200 day moving average of $0.75.

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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