Keppel (OTCMKTS:KPELY) Shares Pass Above Fifty Day Moving Average – Here’s Why

Keppel Ltd. (OTCMKTS:KPELY)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.80 and traded as high as $10.08. Keppel shares last traded at $10.08, with a volume of 753 shares traded.

Analyst Ratings Changes

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

Keppel Trading Up 6.4 %

The firm has a fifty day moving average price of $9.80 and a 200 day moving average price of $9.73.

Keppel Company Profile

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.