DBS Group (OTCMKTS:DBSDY) Hits New 12-Month High – Here’s What Happened

DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) reached a new 52-week high during trading on Tuesday. The stock traded as high as $254.68 and last traded at $244.63, with a volume of 371 shares. The stock had previously closed at $244.38.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised DBS Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, DBS Group has an average rating of “Buy”.

Get Our Latest Stock Report on DBS Group

DBS Group Stock Performance

The firm has a fifty day simple moving average of $238.58 and a 200-day simple moving average of $208.38. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.15.

About DBS Group

(Get Free Report)

DBS Group Holdings Ltd. is a Singapore-based financial services group and the parent company of DBS Bank Ltd. Established in 1968 as the Development Bank of Singapore, the group has grown into a major banking organization serving consumers, businesses and institutional clients across Asia.

DBS provides consumer and commercial banking, wealth management, investment banking, transaction banking, treasury and markets services. Its offerings include deposits, loans, mortgages, credit cards, payment solutions, cash-management services, capital-markets advisory and investment products.

Further Reading

Receive News & Ratings for DBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DBS Group and related companies with MarketBeat.com's FREE daily email newsletter.