Keppel REIT (OTCMKTS:KREVF) Shares Down 8.1% – Should You Sell?

Keppel REIT (OTCMKTS:KREVF)’s stock price was down 8.1% during mid-day trading on Friday . The company traded as low as $0.6794 and last traded at $0.6794. Approximately 4,223 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 6,352 shares. The stock had previously closed at $0.7394.

Keppel REIT Stock Performance

The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average is $0.77 and its 200-day moving average is $0.77.

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.