Colony Bankcorp Inc (NASDAQ:CBAN) Director Meagan M. Mowry acquired 3,245 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were purchased at an average cost of $11.08 per share, with a total value of $35,954.60. Following the acquisition, the director now owns 3,245 shares of the company’s stock, valued at approximately $35,954.60. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Colony Bankcorp stock opened at $10.67 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.84 and a quick ratio of 0.83. The firm has a market cap of $101.35 million, a P/E ratio of 9.79 and a beta of 0.65. The firm has a 50 day simple moving average of $11.34 and a 200 day simple moving average of $12.59. Colony Bankcorp Inc has a fifty-two week low of $8.70 and a fifty-two week high of $17.00.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, August 7th will be issued a $0.10 dividend. 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 raised shares of 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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