Keppel (OTCMKTS:KPELY) Sets New 12-Month High – Still a Buy?

Shares of Keppel Corp. (OTCMKTS:KPELY) reached a new 52-week high during mid-day trading on Saturday . The company traded as high as $15.9284 and last traded at $15.74, with a volume of 4789 shares. The stock had previously closed at $15.61.

Analyst Ratings Changes

Separately, UBS Group began coverage on Keppel in a research report on Thursday, September 25th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Keppel Stock Performance

The firm’s 50-day simple moving average is $15.22 and its 200 day simple moving average is $13.73.

About Keppel

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.