Keppel DC REIT (OTCMKTS:KPDCF) Shares Down 5% – Here’s Why

Keppel DC REIT (OTCMKTS:KPDCFGet Free Report) shares fell 5% on Friday . The company traded as low as $1.64 and last traded at $1.64. 75,533 shares traded hands during mid-day trading, an increase of 1,160% from the average session volume of 5,995 shares. The stock had previously closed at $1.73.

Keppel DC REIT Trading Down 5.0 %

The company has a fifty day moving average price of $1.73 and a two-hundred day moving average price of $1.47.

About Keppel DC REIT

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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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