Keppel REIT (OTCMKTS:KREVF) Hits New 1-Year High – Still a Buy?

Shares of Keppel REIT (OTCMKTS:KREVFGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $1.20 and last traded at $1.20, with a volume of 300 shares changing hands. The stock had previously closed at $0.5028.

Keppel REIT Stock Down 9.9%

The business has a fifty day moving average price of $0.76 and a 200 day moving average price of $0.75.

About Keppel REIT

(Get Free Report)

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.

Read More

Receive News & Ratings for Keppel REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keppel REIT and related companies with MarketBeat.com's FREE daily email newsletter.