Alert: Positive Investment/Fundamental Signals (12/6/19)-Colony Bankcorp Inc (NASDAQ: CBAN)


Extremely significant positive changes in investment behavior have recently occurred for Colony Bankcorp Inc (NASDAQ: CBAN): the stock rose on very heavy volume, and its shorter term price trend turned up.

Colony Bankcorp Inc (NASDAQ: CBAN) has benefited from important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would 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 Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Colony Bankcorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Colony Bankcorp has a good Appreciation Score of 80 but a neutral Power Rating of 43, triggering the High Neutral Value Trend Rating.

Recent Price Action

Colony Bankcorp Inc (NASDAQ: CBAN) stock rose modestly by 0.7% on 12/6/19. The stock closed at $15.86. Moreover, exceptionally high trading volume at 263% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -2.0% during the last week.

About John Lafferty 80532 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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