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Keppel (OTCMKTS:KPELY) Share Price Passes Above 50 Day Moving Average - Here's Why

Keppel logo with Transportation background

Keppel Ltd. (OTCMKTS:KPELY - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.79 and traded as high as $10.43. Keppel shares last traded at $9.87, with a volume of 1,624 shares.

Keppel Stock Performance

The stock has a fifty day moving average of $9.79 and a two-hundred day moving average of $9.82. The company has a current ratio of 1.05, a quick ratio of 0.73 and a debt-to-equity ratio of 0.85.

Keppel Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 16th. Investors of record on Tuesday, April 29th will be given a $0.2816 dividend. The ex-dividend date is Tuesday, April 29th. This is a boost from Keppel's previous dividend of $0.22.

About Keppel

(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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