Keppel Ltd. (OTCMKTS:KPELY - Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 8,800 shares, an increase of 100.0% from the December 15th total of 4,400 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 1.8 days.
Keppel Stock Performance
KPELY traded up $0.18 during trading on Thursday, reaching $9.74. The company had a trading volume of 2,772 shares, compared to its average volume of 1,584. Keppel has a 12 month low of $8.45 and a 12 month high of $11.34. The business's fifty day moving average price is $9.85 and its 200 day moving average price is $9.75.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised Keppel to a "strong-buy" rating in a research report on Wednesday, October 2nd.
Get Our Latest Stock Report on Keppel
Keppel Company Profile
(
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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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