One of the losers of today's trading session was BanColombia. Shares of the Commercial banking company plunged -4.2%, and some investors may be wondering if its price of $24.65 would make a good entry point. Here's what you should know if you are considering this investment:
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BanColombia has moved -34.8% over the last year, and the S&P 500 logged a change of -5.4%
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CIB has an average analyst rating of buy and is -31.32% away from its mean target price of $35.89 per share
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Its trailing earnings per share (EPS) is $6.24
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BanColombia has a trailing 12 month Price to Earnings (P/E) ratio of 4.0 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $6.0 and its forward P/E ratio is 4.1
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BanColombia is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
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CIB has reported YOY quarterly earnings growth of 13.7% and gross profit margins of 0.0%
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Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Bermuda, and Guatemala.