Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) shot up 5.9% during mid-day trading on Tuesday . The stock traded as high as $1.80 and last traded at $1.80. Approximately 12,824 shares changed hands during mid-day trading, an increase of 723% from the average session volume of 1,559 shares. The stock had previously closed at $1.70.
Keppel DC REIT Trading Up 5.9%
The business has a 50-day moving average price of $1.79 and a 200-day moving average price of $1.79.
Keppel DC REIT Company Profile
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.
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