DBS Group (OTCMKTS:DBSDY) Sees Unusually-High Trading Volume – Should You Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDY) saw strong trading volume on Tuesday . 86,781 shares were traded during trading, an increase of 94% from the previous session’s volume of 44,839 shares.The stock last traded at $176.5250 and had previously closed at $177.9710.

Wall Street Analysts Forecast Growth

Separately, Phillip Securities upgraded shares of DBS Group to a “strong-buy” rating in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has an average rating of “Strong Buy”.

DBS Group Price Performance

The company has a debt-to-equity ratio of 1.15, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a fifty day moving average of $180.62 and a 200-day moving average of $171.77.

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.