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

Keppel Corp. (OTCMKTS:KPELY) shares gapped down before the market opened on Monday . The stock had previously closed at $15.68, but opened at $15.1410. Keppel shares last traded at $15.1410, with a volume of 233 shares.

Wall Street Analysts Forecast Growth

Separately, UBS Group assumed coverage on shares of Keppel in a research report on Thursday, September 25th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Keppel Stock Down 3.6%

The business has a fifty day moving average price of $14.94 and a 200-day moving average price of $13.38.

Keppel Company Profile

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.