Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Old National Bancorp’s current trading price is -4.25% away from its 52-week high, while its distance from the 52-week low is 44.85%. The stock’s price range over this period has fluctuated between $11.66 and $17.64. The company, operating within the financial sector, had a trading volume of approximately 2.53 million for the day, which was noticeably higher than the average daily share volume of 2.01 million over the last 3 months.
Old National Bancorp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $17.64 on 12/14/23, while the lowest price for the same period was registered at $11.66 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Old National Bancorp (ONB) has experienced a quarterly rise of 0.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.94B and boasts a workforce of 3940 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.98, with a change in price of +3.55. Similarly, Old National Bancorp recorded 2,052,450 in trading volume during the last 100 days, posting a change of +26.61%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ONB stands at 1.00. Similarly, the long-term debt-to-equity ratio is also 0.87.
ONB Stock Stochastic Average
Today’s raw stochastic average for Old National Bancorp over the last 50 days is 73.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 88.78%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 50.47% and 38.42%, respectively.
ONB Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of 0.00%.However, over the last six months, we can see a weaker performance of 13.51%. Over the last 30 days, the price of ONB has fallen by 3.05%. And in the last five days, it has surged by 1.81%.
