Columbia Banking System Inc. (COLB) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Columbia Banking System Inc. (COLB) experienced unusually high volume on Dec. 21, as the stock lost 1.37% to a closing price of $32.39. The stock saw 2.8 million shares trade hands over the course of the day on 9,811 trades. Given that the stock’s average daily volume over the last month has been 361,068 shares a day, this represents a pretty substantial spike over the norm.

Columbia Banking System Inc. has a P/B ratio of 1.49. It also has a P/E ratio of 20.4. The stock has traded between $36.27 and $24.60 over the last 52-weeks, its 50-day SMA is now $33.54, and its 200-day SMA $31.03.

Columbia Banking System Inc, through its wholly owned banking subsidiary provides banking and financial services to retail deposit customers, small to medium-sized businesses and affluent households.

Headquartered in Tacoma, WA, Columbia Banking System Inc. has 1,844 employees and is currently under the leadership of CEO Melanie J. Dressel.

For a complete fundamental analysis analysis of Columbia Banking System Inc., check out’s Stock Valuation Analysis report for COLB. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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