Keppel (OTCMKTS:KPELY) Reaches New 52-Week High – Still a Buy?

by · The Cerbat Gem

Keppel Corp. (OTCMKTS:KPELYGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $15.88 and last traded at $15.88, with a volume of 1184 shares. The stock had previously closed at $15.6250.

Wall Street Analyst Weigh In

Separately, UBS Group initiated coverage on shares of Keppel in a report on Thursday, September 25th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

View Our Latest Stock Report on KPELY

Keppel Stock Up 1.6%

The stock has a 50 day moving average price of $14.73 and a two-hundred day moving average price of $13.18.

About Keppel

(Get Free Report)

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.

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