Bancolombia S.A. (NYSE:CIB) went down by -5.31% from its latest closing price compared to the recent 1-year high of $45.98. The company’s stock price has collected -5.31% of loss in the last five trading sessions.
Is It Worth Investing in Bancolombia S.A. (NYSE :CIB) Right Now?
Bancolombia S.A. (NYSE:CIB) scored a price-to-earnings ratio above its average ratio, recording 6.30 x from its present earnings ratio. Plus, the 36-month beta value for CIB is at 1.26. Opinions of the stock are interesting as 3 analysts out of 7 who provided ratings for Bancolombia S.A. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $42.56, which is $7.39 above the current price. CIB currently public float of 159.84M and currently shorts hold a 0.58% ratio of that float. Today, the average trading volume of CIB was 390.18K shares.
CIB’s Market Performance
CIB stocks went down by -5.31% for the week, with a monthly jump of 3.05% and a quarterly performance of -12.17%, while its annual performance rate touched 20.91%. The volatility ratio for the week stands at 3.18% while the volatility levels for the past 30 days are set at 3.33% for Bancolombia S.A. The simple moving average for the period of the last 20 days is -12.11% for CIB stocks with a simple moving average of -1.64% for the last 200 days.
Analysts’ Opinion of CIB
Many brokerage firms have already submitted their reports for CIB stocks, with JP Morgan repeating the rating for CIB by listing it as a “Neutral.” The predicted price for CIB in the upcoming period, according to JP Morgan is $46 based on the research report published on April 12th of the current year 2022.
Itau BBA, on the other hand, stated in their research note that they expect to see CIB reach a price target of $47. The rating they have provided for CIB stocks is “Outperform” according to the report published on March 23rd, 2022.
Goldman gave a rating of “Buy” to CIB, setting the target price at $45 in the report published on March 03rd of the current year.
CIB Trading at -11.31% from the 50-Day Moving Average
After a stumble in the market that brought CIB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.77% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.18%, as shares sank -3.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.05% lower at present.
During the last 5 trading sessions, CIB fell by -5.31%, which changed the moving average for the period of 200-days by +7.97% in comparison to the 20-day moving average, which settled at $40.33. In addition, Bancolombia S.A. saw 12.41% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CIB
Current profitability levels for the company are sitting at:
- +24.86 for the present operating margin
The net margin for Bancolombia S.A. stands at +17.93. Equity return is now at value 17.30, with 1.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.19.