Keppel REIT (OTCMKTS:KREVF) Sees Large Volume Increase – Still a Buy?

Keppel REIT (OTCMKTS:KREVFGet Free Report) saw an uptick in trading volume on Thursday . 2,089 shares traded hands during mid-day trading, an increase of 280% from the previous session’s volume of 550 shares.The stock last traded at $0.7285 and had previously closed at $0.7049.

Keppel REIT Stock Performance

The company’s 50 day moving average price is $0.75 and its 200-day moving average price is $0.75.

About Keppel REIT

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Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.

The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.

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