DBS Group (OTCMKTS:DBSDY) Shares Gap Down – What’s Next?

DBS Group Holdings Ltd (OTCMKTS:DBSDY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $171.31, but opened at $162.10. DBS Group shares last traded at $169.5230, with a volume of 6,905 shares changing hands.

Analyst Ratings Changes

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

DBS Group Stock Performance

The business has a 50-day moving average price of $181.14 and a 200-day moving average price of $170.35.

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.