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

Keppel REIT (OTCMKTS:KREVF) gapped down prior to trading on Wednesday . The stock had previously closed at $0.7622, but opened at $0.7225. Keppel REIT shares last traded at $0.7225, with a volume of 2,857 shares trading hands.

Keppel REIT Trading Down 5.2%

The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.12 and a current ratio of 0.12. The company’s 50 day simple moving average is $0.74 and its two-hundred day simple moving average is $0.76.

About Keppel REIT

Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.

The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.