Keppel (OTCMKTS:KPELY) Shares Up 9.5% – Still a Buy?

Keppel Corp. (OTCMKTS:KPELY) rose 9.5% on Thursday . The company traded as high as $19.29 and last traded at $19.29. Approximately 984 shares traded hands during trading, a decline of 72% from the average daily volume of 3,479 shares. The stock had previously closed at $17.6196.

Wall Street Analysts Forecast Growth

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

Keppel Stock Up 9.5%

The company has a quick ratio of 1.15, a current ratio of 1.34 and a debt-to-equity ratio of 0.84. The business’s 50 day moving average is $16.98 and its 200 day moving average is $17.88.

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.