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.


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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