Keppel (OTCMKTS:KPELY) Shares Gap Down – What’s Next?

Keppel Corp. (OTCMKTS:KPELYGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $17.19, but opened at $16.6050. Keppel shares last traded at $16.6050, with a volume of 242 shares.

Analyst Ratings Changes

Separately, UBS Group assumed coverage on Keppel in a report on Thursday, September 25th. They set a “buy” rating on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Get Our Latest Analysis on Keppel

Keppel Trading Down 3.5%

The company has a 50-day moving average of $15.79 and a 200-day moving average of $14.30.

About Keppel

(Get Free Report)

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.

Further Reading

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