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DBS Group (OTCMKTS:DBSDY) Shares Gap Up - Still a Buy?

DBS Group logo with Finance background

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $143.33, but opened at $150.66. DBS Group shares last traded at $143.50, with a volume of 9,549 shares changing hands.

DBS Group Trading Up 0.6%

The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.00. The firm's fifty day simple moving average is $139.70 and its two-hundred day simple moving average is $133.97.

DBS Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were issued a dividend of $0.447 per share. This represents a yield of 5.08%. The ex-dividend date of this dividend was Monday, May 19th.

DBS Group Company Profile

(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.

Further Reading

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