Keppel Corp. (OTCMKTS:KPELY – Get Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $13.38 and traded as high as $13.78. Keppel shares last traded at $13.78, with a volume of 2,165 shares traded.
Analyst Upgrades and Downgrades
Separately, UBS Group initiated coverage on shares of Keppel in a report on Thursday, September 25th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.
Check Out Our Latest Research Report on Keppel
Keppel Stock Performance
Keppel Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, August 28th. Stockholders of record on Wednesday, August 13th were paid a dividend of $0.2313 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a dividend yield of 405.0%.
Keppel Company Profile
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.
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