Keppel REIT (OTCMKTS:KREVF) Shares Down 2.3% – Time to Sell?

Shares of Keppel REIT (OTCMKTS:KREVF) were down 2.3% during mid-day trading on Monday . The stock traded as low as $0.63 and last traded at $0.63. Approximately 1,000 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 20,563 shares. The stock had previously closed at $0.64.

Analyst Ratings Changes

KREVF has been the topic of several analyst reports. The Goldman Sachs Group raised shares of Keppel REIT from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 19th. Dbs Bank raised shares of Keppel REIT to a “strong-buy” rating in a report on Tuesday, October 22nd.

Keppel REIT Price Performance

The company has a 50-day moving average price of $0.68 and a 200-day moving average price of $0.67.

Keppel REIT Company Profile

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.