Keppel Corp. (OTCMKTS:KPELY – Get Free Report) dropped 20% during trading on Wednesday . The company traded as low as $15.76 and last traded at $15.76. Approximately 139 shares changed hands during trading, a decline of 96% from the average daily volume of 3,971 shares. The stock had previously closed at $19.70.
Keppel Trading Down 2.0%
The stock has a 50-day moving average price of $19.16 and a 200 day moving average price of $17.21.
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.
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