Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $89.02 and traded as low as $88.52. DBS Group shares last traded at $88.52, with a volume of 15,089 shares changing hands.
DBSDY has been the subject of a number of research analyst reports. The Goldman Sachs Group cut DBS Group from a “buy” rating to a “neutral” rating in a research report on Monday, August 9th. Zacks Investment Research cut DBS Group from a “buy” rating to a “hold” rating in a research report on Friday, August 13th.
The business has a 50-day moving average of $89.68 and a 200 day moving average of $89.04.
About DBS Group (OTCMKTS:DBSDY)
DBS Group Holdings Ltd. is an investment company, which provides retail, small and medium-sized enterprise, corporate, and investment banking services. It operates through the following business segments: Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others. The Consumer Banking/Wealth Management segment provides services including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products.
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