DBS Group (OTCMKTS:DBSDY) Shares Cross Above Fifty Day Moving Average of $102.33

DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Rating) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $102.33 and traded as high as $105.91. DBS Group shares last traded at $105.58, with a volume of 30,835 shares traded.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut DBS Group from an “overweight” rating to a “neutral” rating in a report on Tuesday, November 22nd.

DBS Group Price Performance

The company has a fifty day moving average price of $102.33 and a 200-day moving average price of $96.51.

DBS Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 5th. Shareholders of record on Friday, November 11th were paid a $0.9631 dividend. This represents a yield of 4.01%. The ex-dividend date of this dividend was Thursday, November 10th.

About DBS Group

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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.