Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Colony Bankcorp Inc (NASDAQ: CBAN) weakened of late. CBAN’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, Colony Bankcorp Inc (NASDAQ: CBAN) stock declined slightly by -0.8%, closing at $13.14. However, this decline was accompanied by exceptionally low trading volume at 47% of normal. The stock has performed in line with the market over the last nine months and has declined -9.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CBAN is expected to continue to be a Value Builder.
Colony Bankcorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Colony Bankcorp has a neutral Power Rating of 59 and a neutral Appreciation Score of 59, triggering the High Neutral Value Trend Rating.
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