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

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY) 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. The stock had previously closed at $230.18.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised shares of DBS Group to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

DBS Group Price Performance

The firm has a fifty day moving average of $211.66 and a two-hundred day moving average of $192.42. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15.

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.