Keppel DC REIT (OTCMKTS:KPDCF) Stock Price Down 0.3% – Should You Sell?

Keppel DC REIT (OTCMKTS:KPDCF) was down 0.3% during trading on Monday . The stock traded as low as $1.77 and last traded at $1.77. Approximately 200 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 1,333 shares. The stock had previously closed at $1.7750.

Keppel DC REIT Price Performance

The company has a 50 day simple moving average of $1.84 and a 200 day simple moving average of $1.81.

About Keppel DC REIT

Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.

The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.