Keppel (OTCMKTS:KPELF) Stock Price Down 13.5% – Here’s What Happened

Keppel Ltd. (OTCMKTS:KPELF – Get Free Report)’s share price was down 13.5% during trading on Monday. The stock traded as low as $7.37 and last traded at $7.37. 2,200 shares traded hands during trading, a decline of 29% from the average session volume of 3,100 shares. The stock had previously closed at $8.52.

Keppel Stock Performance

The stock has a fifty day moving average of $8.71 and a two-hundred day moving average of $8.64.

Keppel Company Profile

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Keppel Ltd. is a Singapore-based global asset manager and operator focused on infrastructure, real estate and connectivity. The company develops, owns and manages assets that support urbanization, digitalization and the transition to a more sustainable economy.

Its infrastructure business spans energy and environment, including power generation, renewable energy, waste management, water and district cooling. Keppel also provides solutions for data centers and other digital infrastructure, serving customers and partners across markets in Asia, Europe and other international regions.

Through its real estate operations, Keppel develops and manages commercial, residential and mixed-use properties, as well as logistics and hospitality assets.

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