Keppel DC REIT (OTCMKTS:KPDCF) Trading Up 0.3% – Should You Buy?

Shares of Keppel DC REIT (OTCMKTS:KPDCFGet Free Report) were up 0.3% on Tuesday . The stock traded as high as $1.90 and last traded at $1.90. Approximately 2,000 shares were traded during trading, a decline of 40% from the average daily volume of 3,343 shares. The stock had previously closed at $1.90.

Keppel DC REIT Stock Performance

The firm has a 50 day moving average price of $1.89 and a two-hundred day moving average price of $1.77.

About Keppel DC REIT

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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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