Keppel (OTCMKTS:KPELY) Shares Gap Down – What’s Next?

Shares of Keppel Corp. (OTCMKTS:KPELY) gapped down prior to trading on Friday . The stock had previously closed at $18.33, but opened at $17.26. Keppel shares last traded at $17.26, with a volume of 226 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Keppel to a “hold” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Keppel Trading Down 5.6%

The business has a 50 day moving average price of $17.25 and a two-hundred day moving average price of $17.94. The company has a quick ratio of 1.15, a current ratio of 1.34 and a debt-to-equity ratio of 0.84.

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.