DBS Group (OTCMKTS:DBSDY) Hits New 52-Week High – Here’s What Happened

DBS Group Holdings Ltd (OTCMKTS:DBSDY) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $229.97 and last traded at $227.7201, with a volume of 920 shares traded. The stock had previously closed at $223.56.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised shares of DBS Group to a “hold” rating in a research note 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

DBS Group Price Performance

The business has a 50 day moving average price of $203.21 and a 200 day moving average price of $188.49. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.83.

About DBS Group

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.