Alert: Positive Investment/Fundamental Signals (12/4/23)-Colony Bankcorp Inc (NASDAQ: CBAN)


Colony Bankcorp Inc (NASDAQ: CBAN). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Colony Bankcorp Inc (NASDAQ: CBAN). Meaningful positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

CBAN is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Colony Bankcorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Colony Bankcorp has a good Appreciation Score of 72 and a good Power Rating of 77, with the Highest Value Trend Rating the result.

Recent Price Action

On 12/4/23, Colony Bankcorp Inc (NASDAQ: CBAN) stock enjoyed a large increase of 3.2%, closing at $11.40. Moreover, trading volume in this advance was above average at 146% of normal. Relative to the market the stock has been strong over the last nine months and has risen 7.1% during the last week.

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