Shares of Keppel Corp. (OTCMKTS:KPELY – Get Free Report) were down 6.4% during mid-day trading on Monday . The stock traded as low as $16.50 and last traded at $16.50. Approximately 400 shares were traded during trading, a decline of 89% from the average daily volume of 3,729 shares. The stock had previously closed at $17.6350.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Keppel to a “hold” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.
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Keppel Stock Performance
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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