Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) shares shot up 0.9% during mid-day trading on Monday . The company traded as high as $1.77 and last traded at $1.77. 1,800 shares were traded during trading, an increase of 2% from the average session volume of 1,760 shares. The stock had previously closed at $1.7550.
Keppel DC REIT Stock Performance
The firm’s 50 day simple moving average is $1.71 and its 200-day simple moving average is $1.81.
About Keppel DC REIT
Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.
The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.
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