Shares of Keppel Ltd. (OTCMKTS:KPELF – Get Free Report) were down 13.5% during trading on Monday. The stock traded as low as $7.37 and last traded at $7.37. Approximately 2,200 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 3,100 shares. The stock had previously closed at $8.52.
Keppel Trading Down 13.5%
The business’s fifty day moving average is $8.73 and its two-hundred day moving average is $8.65.
About Keppel
Keppel Ltd. is a Singapore-based global asset manager and operator focused on infrastructure, real estate and connectivity. The company develops, owns and manages assets that support urbanization, digitalization and the transition to a more sustainable economy.
Its infrastructure business spans energy and environment, including power generation, renewable energy, waste management, water and district cooling. Keppel also provides solutions for data centers and other digital infrastructure, serving customers and partners across markets in Asia, Europe and other international regions.
Through its real estate operations, Keppel develops and manages commercial, residential and mixed-use properties, as well as logistics and hospitality assets.
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