Keppel (OTCMKTS:KPELY) Shares Gap Up – Time to Buy?

Keppel Corp. (OTCMKTS:KPELY) gapped up prior to trading on Monday . The stock had previously closed at $17.27, but opened at $18.32. Keppel shares last traded at $18.32, with a volume of 164 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Keppel to a “hold” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Keppel presently has an average rating of “Moderate Buy”.

Keppel Trading Up 6.1%

The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.15 and a current ratio of 1.34. The company’s 50 day simple moving average is $17.39 and its two-hundred day simple moving average is $17.99.

Keppel Company Profile

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.