Keppel (OTCMKTS:KPELY) Shares Gap Down – Should You Sell?

Shares of Keppel Corp. (OTCMKTS:KPELY) gapped down before the market opened on Friday . The stock had previously closed at $18.33, but opened at $17.26. Keppel shares last traded at $17.26, with a volume of 226 shares.

Wall Street Analyst Weigh In

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

Keppel Stock Down 5.6%

The firm has a 50-day moving average price of $17.21 and a two-hundred day moving average price of $17.95. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.15 and a current ratio of 1.34.

About Keppel

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.