Keppel REIT (OTCMKTS:KREVF) Shares Gap Up - What's Next?

Key Points

• Keppel REIT shares gapped up from $0.72 to $0.76 prior to trading, with a total volume of 31,508 shares traded.
• The company's current financial metrics include a debt-to-equity ratio of 0.35 and low liquidity ratios, with a current ratio and quick ratio both at 0.13.
• Keppel REIT, listed since April 2006, aims to generate stable income and long-term returns through its portfolio of prime commercial real estate assets in Asia Pacific.

Shares of Keppel REIT (OTCMKTS:KREVF - ) gapped up prior to trading on Monday . The stock had previously closed at $0.72, but opened at $0.76. Keppel REIT shares last traded at $0.76, with a volume of 31,508 shares traded.

Keppel REIT Stock Performance

The company has a 50-day simple moving average of $0.72 and a two-hundred day simple moving average of $0.66. 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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.