Keppel REIT (OTCMKTS:KREVF – Get Free Report) shares shot up 1.3% on Tuesday. The company traded as high as $0.6584 and last traded at $0.6584. Approximately 1,561 shares traded hands during trading, an increase of 1,495% from the average daily volume of 98 shares. The stock had previously closed at $0.65.
Keppel REIT Stock Performance
The business’s 50 day moving average is $0.66 and its two-hundred day moving average is $0.67.
Keppel REIT Company Profile
Keppel REIT is a Singapore-based real estate investment trust focused on owning and investing in a portfolio of income-producing commercial properties. The REIT primarily targets high-quality Grade A office buildings in established business districts, with rental income generated from leases to corporate and other commercial tenants.
Its portfolio has historically included prominent office developments in Singapore, such as Marina Bay Financial Centre, One Raffles Quay and Bugis Junction Towers.
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