Keppel REIT (OTCMKTS:KREVF) Trading 7.4% Higher – Should You Buy?

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s stock price was up 7.4% during mid-day trading on Friday . The company traded as high as $0.66 and last traded at $0.66. Approximately 5,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 47,342 shares. The stock had previously closed at $0.62.

Keppel REIT Stock Performance

The company has a 50-day moving average of $0.60 and a 200 day moving average of $0.63.

About Keppel REIT

(Get Free Report)

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.

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