Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – What’s Next?

Keppel REIT (OTCMKTS:KREVF)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $0.65, but opened at $0.7197. Keppel REIT shares last traded at $0.7201, with a volume of 1,442 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Keppel REIT to a “hold” rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Keppel REIT Stock Down 0.7%

The stock has a 50-day moving average price of $0.71 and a 200-day moving average price of $0.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.12 and a current ratio of 0.12.

Keppel REIT Company Profile

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.