Columbia Banking System Inc. (NASDAQ:COLB) went down by -0.26% from its latest closing price compared to the recent 1-year high of $50.68. The company’s stock price has collected -1.86% of loss in the last five trading sessions. Press Release reported 8 hours ago that Columbia Financial, Inc. Receives Regulatory Approvals for the Acquisition of Freehold Bank
Is It Worth Investing in Columbia Banking System Inc. (NASDAQ :COLB) Right Now?
Columbia Banking System Inc. (NASDAQ:COLB) scored a price-to-earnings ratio above its average ratio, recording 11.22 x from its present earnings ratio. Plus, the 36-month beta value for COLB is at 0.74.
COLB currently public float of 70.43M and currently shorts hold a 5.25% ratio of that float. Today, the average trading volume of COLB was 683.34K shares.
COLB’s Market Performance
COLB stocks went down by -1.86% for the week, with a monthly drop of -1.38% and a quarterly performance of -3.94%, while its annual performance rate touched -2.39%. The volatility ratio for the week stands at 2.61% while the volatility levels for the past 30 days are set at 2.36% for Columbia Banking System Inc.. The simple moving average for the period of the last 20 days is -2.50% for COLB stocks with a simple moving average of -13.23% for the last 200 days.
Analysts’ Opinion of COLB
Many brokerage firms have already submitted their reports for COLB stocks, with DA Davidson repeating the rating for COLB by listing it as a “Buy.” The predicted price for COLB in the upcoming period, according to DA Davidson is $41 based on the research report published on October 13th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see COLB reach a price target of $43. The rating they have provided for COLB stocks is “Outperform” according to the report published on October 07th, 2021.
Piper Sandler gave a rating of “Neutral” to COLB, setting the target price at $47 in the report published on February 25th of the current year.
COLB Trading at -4.14% from the 50-Day Moving Average
After a stumble in the market that brought COLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.16% of loss for the given period.
Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.61%, as shares surge +1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.00% upper at present.
During the last 5 trading sessions, COLB fell by -1.86%, which changed the moving average for the period of 200-days by -19.24% in comparison to the 20-day moving average, which settled at $35.29. In addition, Columbia Banking System Inc. saw -4.23% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at COLB starting from BARUFFI KUMI YAMAMOTO, who purchase 304 shares at the price of $31.64 back on Jul 06. After this action, BARUFFI KUMI YAMAMOTO now owns 21,152 shares of Columbia Banking System Inc., valued at $9,619 using the latest closing price.
Deer Aaron James, the EVP Chief Financial Officer of Columbia Banking System Inc., purchase 711 shares at $31.64 during a trade that took place back on Jul 06, which means that Deer Aaron James is holding 7,082 shares at $22,496 based on the most recent closing price.
Stock Fundamentals for COLB
Current profitability levels for the company are sitting at:
- +30.91 for the present operating margin
The net margin for Columbia Banking System Inc. stands at +24.67. The total capital return value is set at 6.63, while invested capital returns managed to touch 6.53. Equity return is now at value 9.40, with 1.20 for asset returns.
Based on Columbia Banking System Inc. (COLB), the company’s capital structure generated 7.83 points at debt to equity in total, while total debt to capital is 7.26. Total debt to assets is 1.11, with long-term debt to equity ratio resting at 4.21. Finally, the long-term debt to capital ratio is 3.90.
When we switch over and look at the enterprise to sales, we see a ratio of 4.35, with the company’s debt to enterprise value settled at 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.