Keppel (OTCMKTS:KPELY) Shares Gap Down – Here’s What Happened

Shares of Keppel Corp. (OTCMKTS:KPELY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $15.25, but opened at $14.56. Keppel shares last traded at $14.7750, with a volume of 2,078 shares traded.

Keppel Stock Performance

The firm has a fifty day moving average price of $16.94 and a 200-day moving average price of $17.71. The company has a current ratio of 1.19, a quick ratio of 0.99 and a debt-to-equity ratio of 0.85.

About Keppel

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Keppel Ltd. is a Singapore-based global asset manager and operator with businesses spanning infrastructure, connectivity and real estate. The company develops, owns and manages assets and provides related services to customers and communities.

Its infrastructure activities include energy and environmental solutions, while its connectivity business includes data centres and subsea cable systems. In real estate, Keppel develops and manages properties and related assets, including commercial and residential projects.

Founded in Singapore and formerly known as Keppel Corporation, the company has evolved from its maritime and engineering roots into a broader asset-management and operating business.

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