Columbia Sportswear Co (NASDAQ: COLM) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.
Recent slight negative changes in fundamentals have impacted Columbia Sportswear Co (NASDAQ: COLM): the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, COLM is expected to continue to be an important Value Builder.
Columbia Sportswear has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Columbia Sportswear has a slightly negative Power Rating of 37 and a poor Appreciation Score of 28, leading to the Negative Value Trend Rating.
Recent Price Action
Columbia Sportswear Co (NASDAQ: COLM) stock declined modestly by -1.1% on 7/26/24. The stock closed at $76.38. Moreover, this decline was accompanied by exceptionally high trading volume at 210% of normal. The stock has performed in line with the market over the last nine months and has declined -3.4% during the last week.
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