DBS Group (OTCMKTS:DBSDY) Stock Price Crosses Below 200-Day Moving Average of $98.97

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Rating)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $98.97 and traded as low as $91.34. DBS Group shares last traded at $91.82, with a volume of 23,492 shares changing hands.

A number of analysts recently issued reports on the stock. The Goldman Sachs Group lowered shares of DBS Group from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, May 10th. Zacks Investment Research raised shares of DBS Group from a “sell” rating to a “hold” rating in a research report on Friday, May 20th.

The business has a fifty day simple moving average of $97.36 and a 200 day simple moving average of $99.00. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

The company also recently declared a dividend, which will be paid on Monday, June 6th. Investors of record on Wednesday, May 11th will be given a dividend of $0.9972 per share. This represents a dividend yield of 3.99%. The ex-dividend date is Tuesday, May 10th.

About DBS Group (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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