Keppel REIT (OTCMKTS:KREVF) Trading Up 2.2% – Should You Buy?

Keppel REIT (OTCMKTS:KREVF)’s stock price traded up 2.2% during trading on Monday . The stock traded as high as $0.62 and last traded at $0.62. 1,100 shares traded hands during trading, a decline of 95% from the average session volume of 21,950 shares. The stock had previously closed at $0.61.

Analyst Ratings Changes

A number of equities analysts have weighed in on KREVF shares. Dbs Bank raised shares of Keppel REIT to a “strong-buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group raised Keppel REIT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 19th.

Keppel REIT Stock Performance

The stock’s fifty day moving average price is $0.65 and its 200 day moving average price is $0.67.

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.