DBS Group (OTCMKTS:DBSDY) Sets New 12-Month High – Time to Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDY)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $205.49 and last traded at $204.5650, with a volume of 599 shares changing hands. The stock had previously closed at $201.61.

Analyst Ratings Changes

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

DBS Group Trading Up 1.4%

The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15. The firm has a 50-day simple moving average of $188.49 and a 200-day simple moving average of $181.55.

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.