Keppel REIT (OTCMKTS:KREVF – Get Free Report) will likely be announcing its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.0155 per share and revenue of $125.2190 million for the quarter.
Keppel REIT Price Performance
Shares of Keppel REIT stock opened at $0.70 on Monday. Keppel REIT has a 52 week low of $0.50 and a 52 week high of $1.20. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.41. The company’s 50-day moving average price is $0.67 and its two-hundred day moving average price is $0.71.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of Keppel REIT to a “hold” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
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.
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