DBS Group (OTCMKTS:DBSDY) Hits New 12-Month High – What’s Next?

DBS Group Holdings Ltd (OTCMKTS:DBSDY)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $238.88 and last traded at $234.18, with a volume of 1030 shares traded. The stock had previously closed at $230.18.

Analyst Ratings Changes

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

DBS Group Price Performance

The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.83 and a current ratio of 0.83. The company has a 50-day moving average of $211.66 and a 200 day moving average of $192.42.

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.