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

DBS Group logo with Finance background
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DBS Group Holdings Ltd (OTCMKTS:DBSDY - Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $133.52 and traded as high as $136.69. DBS Group shares last traded at $135.83, with a volume of 28,017 shares traded.

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 DBSDY

DBS Group Stock Down 0.7 %

The business has a 50 day moving average price of $134.15 and a two-hundred day moving average price of $127.25.

DBS Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $1.8021 per share. This is a boost from DBS Group's previous dividend of $1.64. The ex-dividend date of this dividend is Tuesday, April 8th.

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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