Shares of Colony Bankcorp, Inc. (NASDAQ:CBAN - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.30 and traded as low as $15.15. Colony Bankcorp shares last traded at $15.25, with a volume of 26,332 shares trading hands.
Colony Bankcorp Stock Performance
The firm's fifty day moving average price is $15.48 and its 200-day moving average price is $16.26. The company has a market cap of $266.62 million, a P/E ratio of 11.31 and a beta of 0.62. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.90.
Colony Bankcorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th were given a dividend of $0.115 per share. The ex-dividend date was Wednesday, May 7th. This represents a $0.46 annualized dividend and a dividend yield of 3.01%. Colony Bankcorp's dividend payout ratio (DPR) is currently 32.17%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC increased its holdings in shares of Colony Bankcorp by 152.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,032 shares of the financial services provider's stock worth $33,000 after buying an additional 1,226 shares in the last quarter. CWM LLC increased its holdings in Colony Bankcorp by 55.6% during the 1st quarter. CWM LLC now owns 2,102 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 751 shares in the last quarter. SG Americas Securities LLC bought a new position in Colony Bankcorp in the 4th quarter valued at $113,000. Deutsche Bank AG acquired a new position in Colony Bankcorp in the fourth quarter worth $143,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Colony Bankcorp by 27.9% during the fourth quarter. Wells Fargo & Company MN now owns 9,721 shares of the financial services provider's stock worth $157,000 after purchasing an additional 2,118 shares during the last quarter. Institutional investors own 50.37% of the company's stock.
Colony Bankcorp Company Profile
(
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Colony Bankcorp, Inc operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.
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