Keppel REIT (OTCMKTS:KREVF) Shares Gap Down – What’s Next?
by Teresa Graham · The Cerbat GemKeppel REIT (OTCMKTS:KREVF – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $0.7168, but opened at $0.6562. Keppel REIT shares last traded at $0.68, with a volume of 34,000 shares.
Keppel REIT Stock Performance
The firm’s fifty day moving average is $0.73 and its 200 day moving average is $0.76. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.41.
Keppel REIT Company Profile
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.