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

Key Points

• Keppel REIT shares opened higher at $0.81 after closing at $0.77, indicating a gap up in trading.
• The stock is currently showing a 2.0% increase and has a 50-day moving average of $0.75.
• Keppel REIT focuses on owning and investing in quality income-producing commercial real estate in key business districts across the Asia Pacific region.

Shares of Keppel REIT (OTCMKTS:KREVF - ) gapped up prior to trading on Friday . The stock had previously closed at $0.77, but opened at $0.81. Keppel REIT shares last traded at $0.80, with a volume of 1,342 shares trading hands.

Keppel REIT Stock Up 2.0%

The business has a 50 day moving average price of $0.75 and a 200-day moving average price of $0.70.

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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