Shares of Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) were down 1% during mid-day trading on Monday . The stock traded as low as $1.91 and last traded at $1.91. Approximately 1,670 shares changed hands during trading, a decline of 40% from the average daily volume of 2,775 shares. The stock had previously closed at $1.93.
Keppel DC REIT Stock Performance
The firm’s 50 day moving average price is $1.83 and its 200-day moving average price is $1.70.
About Keppel DC REIT
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy.
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