Keppel REIT (OTCMKTS:KREVF) Shares Gap Down – Here’s Why
by Jessica Moore · The Cerbat GemKeppel REIT (OTCMKTS:KREVF – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $0.7823, but opened at $0.7578. Keppel REIT shares last traded at $0.7973, with a volume of 645 shares traded.
Keppel REIT Stock Performance
The business’s fifty day moving average price is $0.74 and its 200-day moving average price is $0.75.
About Keppel REIT
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.