Keppel REIT (OTCMKTS:KREVF) Reaches New 1-Year Low – Here’s What Happened

Keppel REIT (OTCMKTS:KREVFGet Free Report) reached a new 52-week low on Monday . The stock traded as low as $0.56 and last traded at $0.56, with a volume of 200000 shares traded. The stock had previously closed at $0.61.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Keppel REIT from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 19th.

View Our Latest Stock Analysis on KREVF

Keppel REIT Price Performance

The company’s 50-day moving average is $0.63 and its 200-day moving average is $0.67.

About Keppel REIT

(Get Free Report)

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.

Further Reading

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