DBS Group (OTCMKTS:DBSDY) Hits New 1-Year High – Should You Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $220.78 and last traded at $218.67, with a volume of 24048 shares traded. The stock had previously closed at $219.01.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Check Out Our Latest Research Report on DBSDY

DBS Group Stock Performance

The company has a 50 day moving average price of $198.61 and a 200-day moving average price of $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.

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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