Keppel REIT (OTCMKTS:KREVF) Sets New 52-Week High - Should You Buy?

Key Points

• Keppel REIT achieved a new 52-week high, trading at $0.79 with a volume of 22,981 shares, up from a previous close of $0.76.
• The company maintains a debt-to-equity ratio of 0.43, indicating a relatively low level of debt compared to equity.
• Keppel REIT focuses on generating stable income and sustainable long-term returns through investments in quality income-producing commercial real estate in Asia Pacific.

Keppel REIT (OTCMKTS:KREVF - )'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $0.79 and last traded at $0.79, with a volume of 22981 shares. The stock had previously closed at $0.76.

Keppel REIT Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.13 and a current ratio of 0.46. The business has a fifty day simple moving average of $0.74 and a two-hundred day simple moving average of $0.68.

Keppel REIT Company Profile

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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