Shares of Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) shot up 3.8% during mid-day trading on Tuesday . The company traded as high as $2.20 and last traded at $2.20. 200 shares were traded during mid-day trading, a decline of 57% from the average session volume of 467 shares. The stock had previously closed at $2.12.
Keppel DC REIT Stock Performance
The firm’s 50 day moving average price is $1.64 and its 200 day moving average price is $1.58.
About Keppel DC REIT
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy.
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