Keppel DC REIT (OTCMKTS:KPDCF) Shares Down 0.3% – Should You Sell?
by Amy Steele · The Cerbat GemKeppel DC REIT (OTCMKTS:KPDCF – Get Free Report)’s share price dropped 0.3% during trading on Monday . The company traded as low as $1.77 and last traded at $1.77. Approximately 200 shares traded hands during trading, a decline of 85% from the average daily volume of 1,333 shares. The stock had previously closed at $1.7750.
Keppel DC REIT Trading Up 1.1%
The business has a 50-day moving average of $1.84 and a 200 day moving average of $1.81.
About Keppel DC REIT
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.