DBS Group (OTCMKTS:DBSDY) Shares Gap Down – Here’s What Happened

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $180.63, but opened at $172.88. DBS Group shares last traded at $181.79, with a volume of 2,286 shares changing hands.

Analyst Ratings Changes

Separately, Phillip Securities raised shares of DBS Group to a “strong-buy” rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Read Our Latest Stock Analysis on DBS Group

DBS Group Price Performance

The firm’s 50 day simple moving average is $170.49 and its two-hundred day simple moving average is $161.06.

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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