Stock Market Recap: Bancolombia S.A. ADR (CIB) Concludes at 32.07, a -1.69 Surge/Decline

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After finishing at $32.62 in the prior trading day, Bancolombia S.A. ADR (NYSE: CIB) closed at $32.07, down -1.69%. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.49 million shares were traded. CIB stock price reached its highest trading level at $32.65 during the session, while it also had its lowest trading level at $31.89.

Ratios:

Our goal is to gain a better understanding of CIB by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.67.

On October 16, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $28.60.

Goldman Downgraded its Buy to Neutral on September 21, 2023, whereas the target price for the stock was revised from $35 to $31.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CIB now has a Market Capitalization of 7834156032 and an Enterprise Value of -6195510247424. As of this moment, Bancolombia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.19, and their Forward P/E ratio for the next fiscal year is 5.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at -0.297.

Stock Price History:

Over the past 52 weeks, CIB has reached a high of $37.15, while it has fallen to a 52-week low of $23.12. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be 8.30%.

Shares Statistics:

The stock has traded on average 281.33K shares per day over the past 3-months and 360830 shares per day over the last 10 days, according to various share statistics. A total of 113.03M shares are outstanding, with a floating share count of 112.81M. Insiders hold about 0.19% of the company’s shares, while institutions hold 22.81% stake in the company. Shares short for CIB as of 1711584000 were 316184 with a Short Ratio of 1.12, compared to 1709164800 on 516382.

Dividends & Splits

In the trailing 12 months, CIB’s forward annual dividend rate was 3536.0, compared to 3.25 this year. Against a Trailing Annual Dividend Yield of 108.39976The stock’s 5-year Average Dividend Yield is 4.89.

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