Horizon Bancorp Inc. (HBNC) Profit Margins posted 44.00% in the last twelve months: The key fundamentals to watch – Invest Chronicle

Horizon Bancorp Inc. (HBNC) Profit Margins posted 44.00% in the last twelve months: The key fundamentals to watch

For the readers interested in the stock health of Horizon Bancorp Inc. (HBNC). It is currently valued at $22.66. When the transactions were called off in the previous session, Stock hit the highs of $22.91, after setting-off with the price of $21.58. Company’s stock value dipped to $21.58 during the trading on the day. When the trading was stopped its value was $21.60.Recently in News on December 20, 2021, Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2021 Results on January 27. (NASDAQ GS: HBNC) – Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, January 27, 2022 to review its fourth quarter 2021 financial results. You can read further details here

Horizon Bancorp Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.91 on 01/13/22, with the lowest value was $20.80 for the same time period, recorded on 01/03/22.

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Horizon Bancorp Inc. (HBNC) full year performance was 33.53%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Horizon Bancorp Inc. shares are logging 3.38% during the 52-week period from high price, and 44.70% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $15.66 and $21.92.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 506589 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Horizon Bancorp Inc. (HBNC) recorded performance in the market was 8.68%, having the revenues showcasing 24.23% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 981.18M, as it employees total of 761 workers.

The Analysts eye on Horizon Bancorp Inc. (HBNC)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 19.27, with a change in the price was noted +4.66. In a similar fashion, Horizon Bancorp Inc. posted a movement of +25.89% for the period of last 100 days, recording 122,986 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HBNC is recording 1.11 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.11.

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Technical rundown of Horizon Bancorp Inc. (HBNC)

Raw Stochastic average of Horizon Bancorp Inc. in the period of last 50 days is set at 93.11%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 92.19%. In the last 20 days, the company’s Stochastic %K was 86.99% and its Stochastic %D was recorded 86.46%.

Considering, the past performance of Horizon Bancorp Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.68%. Additionally, trading for the stock in the period of the last six months notably improved by 37.00%, alongside a boost of 33.53% for the period of the last 12 months. The shares increased approximately by 4.52% in the 7-day charts and went down by 8.84% in the period of the last 30 days. Common stock shares were driven by 24.23% during last recorded quarter.

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