Keppel (OTCMKTS:KPELY) Hits New 12-Month High – Here’s Why

Keppel Corp. (OTCMKTS:KPELYGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $16.60 and last traded at $16.60, with a volume of 1786 shares traded. The stock had previously closed at $16.4150.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on Keppel

Keppel Trading Down 1.6%

The company’s 50-day simple moving average is $15.70 and its two-hundred day simple moving average is $14.17.

Keppel Company Profile

(Get Free Report)

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.

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