Keppel REIT (OTCMKTS:KREVF) Shares Gap Down - Here's What Happened

Key Points

• Keppel REIT's shares gapped down, opening at $0.70 after closing at $0.77 the previous day.
• The stock's current trading volume was 528 shares, and it has a debt-to-equity ratio of 0.35.
• Keppel REIT aims to provide stable income and long-term returns by investing in prime commercial assets in Asia Pacific.

Keppel REIT (OTCMKTS:KREVF - )'s stock price gapped down before the market opened on Monday . The stock had previously closed at $0.77, but opened at $0.70. Keppel REIT shares last traded at $0.70, with a volume of 528 shares trading hands.

Keppel REIT Price Performance

The stock's 50-day moving average is $0.70 and its 200 day moving average is $0.65. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.13 and a current ratio of 0.13.

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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