Keppel (OTCMKTS:KPELY) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Keppel Ltd. (OTCMKTS:KPELYGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.84 and traded as high as $9.98. Keppel shares last traded at $9.98, with a volume of 691 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Keppel to a “strong-buy” rating in a report on Wednesday, October 2nd.

Get Our Latest Report on Keppel

Keppel Stock Up 4.0 %

The stock’s fifty day simple moving average is $9.84 and its 200-day simple moving average is $9.75.

Keppel Company Profile

(Get Free Report)

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.

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