Keppel (OTCMKTS:KPELY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Keppel Corp. (OTCMKTS:KPELY) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.11 and traded as high as $15.65. Keppel shares last traded at $15.65, with a volume of 5,016 shares changing hands.

Analyst Upgrades and Downgrades

Separately, UBS Group assumed coverage on shares of Keppel in a report on Thursday, September 25th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

Keppel Stock Performance

The company’s fifty day moving average is $15.11 and its 200-day moving average is $13.59.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.