Dear readers, there are two overbought Singapore Reits and Trusts currently trading on the Singapore Stock Exchange. The two Reit and Trust are:
Cromwell Reit
Keppel Infrastructure Trust
Cromwell Reit is currently undervalued as it trades at a Price-to-Book ratio of 0.775. The dividend yield of the Reit is at 10.2% (high price mainly contributed by the low trading price).
Keppel Infrastructure Trust is currently not undervalued as it trades at a Price-to-Book ratio of 1.616. The dividend yield of the Reit is at 7.294%.
There is currently no oversold Singapore Reit and Trust.
Overbought stocks does not mean that the stocks will decline in price soon. But having a quick insight into the number of oversold and overbought Reits and Trusts offers a good overview of the current Reits and Trusts market.
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