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

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.

Keppel REIT (OTCMKTS:KREVF - Get Free Report) shares 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 debt-to-equity ratio of 0.35, a current ratio of 0.13 and a quick ratio of 0.13. The company's 50-day simple moving average is $0.73 and its two-hundred day simple moving average is $0.66.

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.