Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – Here’s What Happened

Shares of Keppel REIT (OTCMKTS:KREVF) gapped up prior to trading on Monday . The stock had previously closed at $0.6693, but opened at $0.6993. Keppel REIT shares last traded at $0.7389, with a volume of 484 shares changing hands.

Keppel REIT Stock Performance

The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41. The company has a 50 day moving average price of $0.75 and a 200-day moving average price of $0.76.

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.