Keppel REIT (OTCMKTS:KREVF) Sees Unusually-High Trading Volume – Here’s Why
by Amy Steele · The Cerbat GemKeppel REIT (OTCMKTS:KREVF – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 2,669 shares were traded during mid-day trading, an increase of 256% from the previous session’s volume of 750 shares.The stock last traded at $0.7672 and had previously closed at $0.7823.
Keppel REIT Price Performance
The stock has a 50-day simple moving average of $0.74 and a 200 day simple moving average of $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.