Keppel (OTCMKTS:KPELY) Shares Gap Up – Time to Buy?

Keppel Corp. (OTCMKTS:KPELY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $15.5350, but opened at $16.20. Keppel shares last traded at $16.20, with a volume of 165 shares changing hands.

Analyst Ratings Changes

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

Keppel Stock Up 1.8%

The business’s fifty day moving average price is $15.43 and its two-hundred day moving average price is $13.92.

About Keppel

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.