Keppel REIT (OTCMKTS:KREVF) Reaches New 12-Month Low – What’s Next?

Shares of Keppel REIT (OTCMKTS:KREVFGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $0.5028 and last traded at $0.5028, with a volume of 909 shares trading hands. The stock had previously closed at $0.65.

Keppel REIT Price Performance

The stock’s fifty day moving average is $0.78 and its two-hundred day moving average is $0.75.

About Keppel REIT

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Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.

The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.

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