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BanColombia, S.A. Breaks Above 200-Day Moving Average - Bullish for CIB

By Market News Video Staff, Friday, October 14, 11:10 AM ET
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In trading on Friday, shares of BanColombia, S.A. (NYSE:CIB) crossed above their 200 day moving average of $62.08, changing hands as high as $62.51 per share. BanColombia, S.A. shares are currently trading up about 1% on the day. The chart below shows the one year performance of CIB shares, versus its 200 day moving average:

BanColombia, S.A. 200 Day Moving Average Chart

Looking at the chart above, CIB's low point in its 52 week range is $53.56 per share, with $69.87 as the 52 week high point that compares with a last trade of $59.78.

CIB makes up 25.09% of the Colombia ETF (AMEX:COLX)

CIB operates in the Banking & Savings sector, among companies like East West Bancorp, Inc (NASDAQ:EWBC) which is up about 0.4% today, and Hancock Holding Co. (NASDAQ:HBHC) trading higher by about 0.8%. Below is a three month price history chart comparing the stock performance of CIB, versus EWBC and HBHC.

CIB,EWBC,HBHC Relative Performance Chart


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BanColombia, S.A. Breaks Above 200-Day Moving Average - Bullish for CIB | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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