Keppel (OTCMKTS:KPELY) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Keppel Ltd. (OTCMKTS:KPELYGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.74 and traded as low as $9.40. Keppel shares last traded at $9.44, with a volume of 4,152 shares.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on KPELY

Keppel Stock Down 0.5 %

The business’s 50 day moving average price is $9.86 and its 200-day moving average price is $9.74.

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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