Keppel REIT (OTCMKTS:KREVF) Upgraded at Zacks Research

Zacks Research upgraded shares of Keppel REIT (OTCMKTS:KREVF) to a hold rating in a report published on Thursday,Zacks.com reports.

Keppel REIT Price Performance

KREVF opened at $0.67 on Thursday. The business has a fifty day simple moving average of $0.73 and a 200 day simple moving average of $0.75. Keppel REIT has a 1 year low of $0.50 and a 1 year high of $1.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.12 and a current ratio of 0.12.

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.