Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – Here’s Why
by Danessa Lincoln · The Markets DailyKeppel REIT (OTCMKTS:KREVF – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $0.7055, but opened at $0.77. Keppel REIT shares last traded at $0.77, with a volume of 300 shares changing hands.
Keppel REIT Stock Up 2.6%
The business has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.75.
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.