Keppel (OTCMKTS:KPELY) Trading 9.5% Higher – Still a Buy?

Shares of Keppel Corp. (OTCMKTS:KPELYGet Free Report) traded up 9.5% on Thursday . The company traded as high as $19.29 and last traded at $19.29. Approximately 984 shares were traded during trading, a decline of 72% from the average daily volume of 3,479 shares. The stock had previously closed at $17.6196.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Keppel to a “hold” rating in a report on Friday, May 22nd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Keppel presently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Keppel

Keppel Price Performance

The company has a 50-day moving average of $17.03 and a 200 day moving average of $17.90. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.15 and a current ratio of 1.34.

Keppel Company Profile

(Get Free Report)

Keppel Corporation Ltd is a Singapore?headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed?use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.

Further Reading

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