Colony Bankcorp Inc (NASDAQ:CBAN) CEO Purchases $12,100.00 in Stock
Colony Bankcorp Inc (NASDAQ:CBAN) CEO T Heath Fountain bought 1,100 shares of the stock in a transaction on Wednesday, July 29th. The shares were acquired at an average cost of $11.00 per share, with a total value of $12,100.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of NASDAQ:CBAN opened at $10.67 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.55. Colony Bankcorp Inc has a twelve month low of $8.70 and a twelve month high of $17.00. The stock’s 50 day moving average is $11.34 and its 200-day moving average is $12.59. The firm has a market capitalization of $101.35 million, a price-to-earnings ratio of 9.79 and a beta of 0.65.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date of this dividend is Thursday, August 6th.
Separately, ValuEngine upgraded Colony Bankcorp from a “sell” rating to a “hold” rating in a report on Tuesday, June 9th.
About Colony Bankcorp
Colony Bankcorp, Inc operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers. It offers various deposit products, including demand, savings, and time deposits. The company 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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