Keppel (OTCMKTS:KPELY) Hits New 52-Week High – Here’s What Happened

Keppel Corp. (OTCMKTS:KPELYGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as $16.20 and last traded at $16.20, with a volume of 579 shares. The stock had previously closed at $15.7550.

Wall Street Analyst Weigh In

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

Get Our Latest Research Report on Keppel

Keppel Trading Up 2.8%

The company has a fifty day simple moving average of $15.35 and a 200 day simple moving average of $13.82.

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.

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