Keppel REIT (OTCMKTS:KREVF – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 853,100 shares, an increase of 10.3% from the June 15th total of 773,300 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 2,132.8 days.
Analyst Ratings Changes
A number of research firms have recently commented on KREVF. The Goldman Sachs Group raised shares of Keppel REIT from a “sell” rating to a “neutral” rating in a research note on Wednesday, May 17th. HSBC upgraded shares of Keppel REIT from a “reduce” rating to a “hold” rating in a research report on Wednesday, May 17th.
Keppel REIT Stock Performance
OTCMKTS:KREVF opened at $0.68 on Thursday. The firm has a 50-day moving average price of $0.65 and a two-hundred day moving average price of $0.68. Keppel REIT has a twelve month low of $0.58 and a twelve month high of $0.82.
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.
Featured Articles
- Five stocks we like better than Keppel REIT
- J.B. Hunt Transportation Services Could Hit New Highs By Year End
- Profits Decline At Goldman Sachs, Time To Pick Up Cheap Shares?
- The Squeeze Is On For Carvana Stock Prices
- Acumen Soars on Alzheimer’s Study…Street Sees It Doubling
- Live Nation Shares Rock Out Ahead of Q2 Earnings
Receive News & Ratings for Keppel REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keppel REIT and related companies with MarketBeat.com's FREE daily email newsletter.
