Keppel (OTCMKTS:KPELF) Stock Falls 13.5% – Here’s Why

Keppel Ltd. (OTCMKTS:KPELF – Get Free Report) shares were down 13.5% during mid-day trading on Monday. The company traded as low as $7.37 and last traded at $7.37. Approximately 2,200 shares were traded during mid-day trading, a decline of 29% from the average session volume of 3,100 shares. The stock had previously closed at $8.52.

Keppel Stock Down 13.5%

The firm has a 50 day moving average price of $8.73 and a 200 day moving average price of $8.65.

About Keppel

(Get Free Report)

Keppel Ltd. is a Singapore-based global asset manager and operator focused on infrastructure, real estate and connectivity. The company develops, owns and manages assets that support urbanization, digitalization and the transition to a more sustainable economy.

Its infrastructure business spans energy and environment, including power generation, renewable energy, waste management, water and district cooling. Keppel also provides solutions for data centers and other digital infrastructure, serving customers and partners across markets in Asia, Europe and other international regions.

Through its real estate operations, Keppel develops and manages commercial, residential and mixed-use properties, as well as logistics and hospitality assets.

See Also

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