DBS GRP HOLDING/S (OTCMKTS:DBSDY) Stock Passes Below 50 Day Moving Average of $76.34

Shares of DBS GRP HOLDING/S (OTCMKTS:DBSDY) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $76.34 and traded as low as $71.79. DBS GRP HOLDING/S shares last traded at $71.79, with a volume of 4,872 shares traded.

Several research firms recently weighed in on DBSDY. ValuEngine cut shares of DBS GRP HOLDING/S from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Daiwa Capital Markets restated a “neutral” rating on shares of DBS GRP HOLDING/S in a research report on Monday, April 29th. Citigroup cut shares of DBS GRP HOLDING/S from a “buy” rating to a “neutral” rating in a research report on Monday, May 13th. Finally, Zacks Investment Research cut shares of DBS GRP HOLDING/S from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 1st.

The stock has a market capitalization of $45.91 billion, a price-to-earnings ratio of 11.14, a PEG ratio of 2.54 and a beta of 1.10. The stock has a 50 day moving average of $76.24. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.96.

DBS GRP HOLDING/S Company Profile (OTCMKTS:DBSDY)

DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

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