Keppel DC REIT (OTCMKTS:KPDCF) Shares Up 3.8% – Time to Buy?

Keppel DC REIT (OTCMKTS:KPDCFGet Free Report)’s share price rose 3.8% during trading on Tuesday . The stock traded as high as $2.20 and last traded at $2.20. Approximately 200 shares traded hands during trading, a decline of 57% from the average daily volume of 467 shares. The stock had previously closed at $2.12.

Keppel DC REIT Trading Up 3.8 %

The firm has a 50-day simple moving average of $1.64 and a 200 day simple moving average of $1.58.

Keppel DC REIT Company Profile

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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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