Keppel (OTCMKTS:KPELY) Shares Gap Up – Still a Buy?

Keppel Corp. (OTCMKTS:KPELYGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $16.60, but opened at $17.87. Keppel shares last traded at $17.87, with a volume of 352 shares traded.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on Keppel

Keppel Price Performance

The stock’s fifty day simple moving average is $15.72 and its 200-day simple moving average is $14.20.

Keppel Company Profile

(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.

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