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Keppel REIT (OTCMKTS:KREVF) Hits New 1-Year High - Here's What Happened

Keppel REIT logo with Finance background

Key Points

  • Keppel REIT shares recently hit a new 52-week high of $0.77, reflecting positive trading activity with a volume of over 37,000 shares.
  • The company's financial metrics include a debt-to-equity ratio of 0.35, indicating a solid balance sheet for investors.
  • Keppel REIT aims to generate stable income and long-term returns through its portfolio of prime commercial assets in Asia Pacific.
  • Looking to export and analyze Keppel REIT data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Keppel REIT (OTCMKTS:KREVF - Get Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $0.77 and last traded at $0.77, with a volume of 37571 shares trading hands. The stock had previously closed at $0.73.

Keppel REIT Stock Performance

The firm's 50-day moving average is $0.69 and its 200 day moving average is $0.64. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.13 and a quick ratio of 0.13.

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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