Keppel (OTCMKTS:KPELY) Stock Price Up 9.5% – Still a Buy?

Keppel Corp. (OTCMKTS:KPELY)’s share price shot up 9.5% on Thursday . The company traded as high as $19.29 and last traded at $19.29. Approximately 984 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 3,479 shares. The stock had previously closed at $17.6196.

Analyst Ratings Changes

Separately, Zacks Research upgraded Keppel to a “hold” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Keppel presently has an average rating of “Moderate Buy”.

Keppel Stock Up 9.5%

The stock’s 50 day moving average price is $16.98 and its 200-day moving average price is $17.88. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.15 and a current ratio of 1.34.

Keppel Company Profile

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.