DBS Group (OTCMKTS:DBSDY) Sets New 1-Year High – What’s Next?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $205.49 and last traded at $204.5650, with a volume of 599 shares changing hands. The stock had previously closed at $201.61.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure upgraded DBS Group to a “hold” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Report on DBSDY

DBS Group Trading Up 1.4%

The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.15. The stock has a 50 day moving average price of $188.49 and a 200-day moving average price of $181.55.

DBS Group Company Profile

(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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