Keppel (OTCMKTS:KPELY) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Keppel Ltd. (OTCMKTS:KPELY)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.96 and traded as low as $9.74. Keppel shares last traded at $9.80, with a volume of 1,923 shares changing hands.

Keppel Trading Down 4.9 %

The stock’s 50-day simple moving average is $10.06 and its 200-day simple moving average is $9.96. The company has a current ratio of 1.05, a quick ratio of 0.73 and a debt-to-equity ratio of 0.85.

Keppel Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, April 29th will be issued a $0.2816 dividend. The ex-dividend date is Tuesday, April 29th. This is a positive change from Keppel’s previous dividend of $0.22.

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.