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Origin Bancorp (NASDAQ:OBNK) Shares Down 0.7% - Should You Sell?

Origin Bancorp logo with Finance background

Key Points

  • Origin Bancorp's shares fell by 0.7% during trading, reaching a low of $38.37 before closing at $38.40.
  • The company has a market capitalization of $1.18 billion and a PE ratio of 11.96, indicating its valuation in relation to earnings.
  • Origin Bancorp provides financial services to small and medium-sized businesses, municipalities, and retail clients, including lending, deposits, and mortgage banking.
  • Want stock alerts on Origin Bancorp? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Origin Bancorp, Inc. (NASDAQ:OBNK - Get Free Report) traded down 0.7% during trading on Tuesday . The stock traded as low as $38.37 and last traded at $38.40. 55,176 shares changed hands during trading, a decline of 49% from the average session volume of 107,928 shares. The stock had previously closed at $38.68.

Origin Bancorp Trading Down 0.7%

The firm has a market capitalization of $1.18 billion, a PE ratio of 11.96 and a beta of 0.89. The company's 50-day simple moving average is $36.72 and its 200 day simple moving average is $35.28. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 1.09.

Origin Bancorp Company Profile

(Get Free Report)

Origin Bancorp, Inc is a bank holding company, which engages in the provision of financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients. The firm's products and services include lending, deposits, mortgage banking, and insurance. It also offers other banking services such as Internet banking and voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit boxes, U.S.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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