DBS Group (OTCMKTS:DBSDY) Shares Cross Above Fifty Day Moving Average – Here’s Why

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $129.42 and traded as high as $134.13. DBS Group shares last traded at $133.75, with a volume of 120,571 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of DBS Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 3rd.

View Our Latest Research Report on DBS Group

DBS Group Price Performance

The firm’s 50 day simple moving average is $129.42 and its 200-day simple moving average is $120.90.

About DBS Group

(Get Free Report)

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s 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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