Colony Bankcorp (NASDAQ:CBAN) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Colony Bankcorp, Inc. (NASDAQ:CBAN) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $17.30 and traded as high as $18.42. Colony Bankcorp shares last traded at $18.2680, with a volume of 217,123 shares.

Colony Bankcorp Stock Down 0.7%

The company has a market cap of $315.90 million, a P/E ratio of 13.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.81 and a quick ratio of 0.80. The business’s 50 day moving average price is $17.34 and its 200-day moving average price is $17.05.

Colony Bankcorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Wednesday, November 5th were paid a $0.115 dividend. The ex-dividend date of this dividend was Wednesday, November 5th. This represents a $0.46 dividend on an annualized basis and a yield of 2.5%. Colony Bankcorp’s payout ratio is currently 28.93%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bailard Inc. lifted its holdings in Colony Bankcorp by 83.9% during the 2nd quarter. Bailard Inc. now owns 30,903 shares of the financial services provider’s stock worth $509,000 after buying an additional 14,100 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of Colony Bankcorp during the second quarter worth $373,000. Cubist Systematic Strategies LLC bought a new stake in shares of Colony Bankcorp during the first quarter worth $237,000. American Century Companies Inc. lifted its stake in shares of Colony Bankcorp by 39.8% during the second quarter. American Century Companies Inc. now owns 218,878 shares of the financial services provider’s stock valued at $3,605,000 after acquiring an additional 62,322 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in Colony Bankcorp by 22.9% in the second quarter. Ritholtz Wealth Management now owns 39,596 shares of the financial services provider’s stock valued at $652,000 after acquiring an additional 7,375 shares during the last quarter. 50.37% of the stock is owned by institutional investors.

Colony Bankcorp Company Profile

Colony Bankcorp is a bank holding company headquartered in Fitzgerald, Georgia, operating through its wholly owned subsidiary Colony Bank. The company offers a full suite of commercial and consumer banking products, including checking and savings accounts, certificates of deposit, and mortgage lending. In addition to traditional deposit and loan services, Colony Bank provides home equity loans, SBA financing, and treasury management solutions tailored to small and medium-sized businesses.

Beyond its core banking offerings, Colony Bankcorp delivers trust and wealth management services through dedicated fiduciary professionals.