DBS Group (OTCMKTS:DBSDY) Shares Cross Above 50 Day Moving Average – What’s Next?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $185.27 and traded as high as $201.70. DBS Group shares last traded at $200.74, with a volume of 21,929 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure upgraded shares of DBS Group to a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, DBS Group presently has a consensus rating of “Buy”.

View Our Latest Stock Report on DBS Group

DBS Group Price Performance

The firm’s fifty day moving average is $185.27 and its two-hundred day moving average is $179.55. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.83.

About DBS Group

(Get Free Report)

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.

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