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 -1.16% away from its 52-week high, while its distance from the 52-week low is 55.50%. The stock’s price range over this period has fluctuated between $15.36 and $24.17. The company, operating within the financial sector, had a trading volume of approximately 2.21 million for the day, which was noticeably lower than the average daily share volume of 3.15 million over the last 3 months.
The market performance of Old National Bancorp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $24.17 on 01/21/25, while the lowest value for the same duration was $15.36 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Old National Bancorp (ONB) has experienced a quarterly rise of 24.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.62B and boasts a workforce of 4066 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.91, with a change in price of +5.33. Similarly, Old National Bancorp recorded 2,655,946 in trading volume during the last 100 days, posting a change of +28.71%.
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 0.85. Similarly, the long-term debt-to-equity ratio is also 0.81.
ONB Stock Stochastic Average
Today, Old National Bancorp’s raw stochastic average for the past 50 days stands at 92.29%, indicating a rise from the raw stochastic average of the last 20 days, which was 92.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 89.10% and 88.48% respectively.
ONB Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 10.04%. However, over the past six months, we’ve seen a weaker performance of 28.83%. The price of ONB fallen by 12.82% over the last 30 days. And in the last five days, it has surged by 1.29%.
