Alert: Positive Investment/Fundamental Signals (12/14/23)-Colony Bankcorp Inc (NASDAQ: CBAN)


Colony Bankcorp Inc (NASDAQ: CBAN) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Colony Bankcorp Inc (NASDAQ: CBAN) has benefited from notable positive changes in fundamentals: 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’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Colony Bankcorp has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Colony Bankcorp has a slightly positive Appreciation Score of 69 and a good Power Rating of 79, producing the Highest Value Trend Rating.

Recent Price Action

Colony Bankcorp Inc (NASDAQ: CBAN) stock closed at $12.43 on 12/14/23 after an increase of 2.0%. Moreover, trading volume in this advance was exceptionally high at 375% of normal. Relative to the market the stock has been strong over the last nine months and has risen 10.6% during the last week.

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