Capital City Bank Group (NASDAQ:CCBG) announced its quarterly earnings results on Monday. The financial services provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.04), MarketWatch Earnings reports. Capital City Bank Group had a net margin of 16.00% and a return on equity of 9.74%.
Capital City Bank Group stock opened at $21.60 on Thursday. The stock has a 50-day simple moving average of $25.13 and a 200 day simple moving average of $21.95. The company has a quick ratio of 0.86, a current ratio of 0.90 and a debt-to-equity ratio of 0.17. Capital City Bank Group has a 12-month low of $15.61 and a 12-month high of $30.58. The stock has a market capitalization of $362.04 million, a price-to-earnings ratio of 11.19 and a beta of 0.86.
Several brokerages have commented on CCBG. Zacks Investment Research downgraded Capital City Bank Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 29th. TheStreet upgraded shares of Capital City Bank Group from a “c+” rating to a “b-” rating in a research note on Friday, October 16th.
Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.
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