Keppel (OTCMKTS:KPELY) Sees Unusually-High Trading Volume – Time to Buy?
by Jessica Moore · The Cerbat GemShares of Keppel Corp. (OTCMKTS:KPELY – Get Free Report) saw unusually-strong trading volume on Friday . 11,071 shares traded hands during mid-day trading, an increase of 218% from the previous session’s volume of 3,476 shares.The stock last traded at $17.01 and had previously closed at $19.29.
Analysts Set New Price Targets
Separately, Zacks Research raised Keppel to a “hold” rating in a report on Friday, May 22nd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on KPELY
Keppel Price Performance
The company has a quick ratio of 1.15, a current ratio of 1.34 and a debt-to-equity ratio of 0.84. The company has a fifty day moving average of $17.02 and a 200 day moving average of $17.90.
About Keppel
Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.
In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.