Colony Bankcorp Inc (NASDAQ: CBAN) stock closed at $17.50 on 11/6/24 after a major increase of 12.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 334% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.0% 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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Colony Bankcorp has a neutral Appreciation Score of 56 but a very high Power Rating of 98, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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