DBS Group (OTCMKTS:DBSDY) Reaches New 12-Month High – Here’s Why

DBS Group Holdings Ltd (OTCMKTS:DBSDY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $220.78 and last traded at $218.67, with a volume of 24048 shares changing hands. The stock had previously closed at $219.01.

Analyst Ratings Changes

Separately, Macquarie Infrastructure upgraded shares of DBS Group to a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

DBS Group Price Performance

The business’s fifty day moving average is $198.61 and its 200-day moving average is $186.45. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.15.

DBS Group Company Profile

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.