KEPPEL LTD/ADR (OTCMKTS:KPELY) fell 2.2% on Monday . The company traded as low as $9.42 and last traded at $9.42, 750 shares changed hands during trading. A decline of 93% from the average session volume of 11,453 shares. The stock had previously closed at $9.63.
Separately, ValuEngine cut shares of Valero Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th.
The firm’s 50 day moving average price is $9.68. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.85 and a current ratio of 1.40.
Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, and infrastructure businesses in Singapore, China, Brazil, other Far East and ASEAN countries, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; researches and develops deepwater engineering works; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities.
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