DBS Group (OTCMKTS:DBSDY) Stock Passes Above 50-Day Moving Average - Should You Sell?

Key Points

• DBS Group Holdings Ltd's shares have surpassed their 50-day moving average of $141.83, trading as high as $151.00 recently.
• The company has a dividend yield of 5.08%, with a recent distribution of $0.447 paid to shareholders.
• DBS Group operates in commercial banking and financial services across regions including Singapore, Hong Kong, and Southeast Asia.

DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $141.83 and traded as high as $151.00. DBS Group shares last traded at $150.84, with a volume of 26,069 shares.

DBS Group Stock Performance

The business has a fifty day moving average of $142.47 and a 200-day moving average of $135.53. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.87 and a current ratio of 0.87.

DBS Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 6th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.447 per share. This represents a dividend yield of 508.0%. The ex-dividend date was Monday, May 19th.

About DBS Group

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.