DBS Group (DBSDY) Expected to Post Quarterly Earnings on Thursday

DBS Group (OTCMKTS:DBSDY) is anticipated to post its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $3.07 per share and revenue of $4.6607 billion for the quarter.

DBS Group Trading Up 0.0%

Shares of OTCMKTS:DBSDY traded up $0.09 during trading hours on Tuesday, hitting $232.78. The company’s stock had a trading volume of 15,638 shares, compared to its average volume of 50,866. The firm’s fifty day moving average price is $210.22 and its 200 day moving average price is $191.73. DBS Group has a 52 week low of $149.04 and a 52 week high of $238.04. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15.

Wall Street Analyst Weigh In

Separately, Macquarie Infrastructure upgraded DBS Group to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

About DBS Group

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.