Keppel Corp. (OTCMKTS:KPELY) Short Interest Update

Keppel Corp. (OTCMKTS:KPELY) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 11,005 shares, an increase of 49.0% from the July 30th total of 7,385 shares. Based on an average trading volume of 10,882 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the company’s shares are short sold.

Keppel Price Performance

Keppel stock opened at $18.32 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.15 and a debt-to-equity ratio of 0.84. The stock has a 50 day moving average of $17.57 and a 200-day moving average of $17.98. Keppel has a 52 week low of $13.02 and a 52 week high of $21.11.

Wall Street Analyst Weigh In

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

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.