Columbia Sportswear Co (NASDAQ: COLM) has recently enjoyed extremely meaningful positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
COLM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Columbia Sportswear has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Columbia Sportswear has a poor Appreciation Score of 24 but a neutral Power Rating of 50, leading to the Negative Value Trend Rating.
Recent Price Action
Columbia Sportswear Co (NASDAQ: COLM) stock increased 1.3% on 4/26/24. The shares closed at $80.00. Moreover, trading volume in this advance was exceptionally high at 331% of normal. The stock has risen 5.9% during the last week and has performed in line with the market over the last nine months.
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