Origin Bancorp (NASDAQ:OBNK) Trading 3.5% Higher – Here’s Why

Origin Bancorp, Inc. (NASDAQ:OBNK)’s stock price rose 3.5% on Monday . The stock traded as high as $35.93 and last traded at $35.84. Approximately 131,723 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 107,928 shares. The stock had previously closed at $34.64.

Origin Bancorp Trading Up 3.5 %

The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 1.09. The firm’s fifty day moving average is $37.21 and its two-hundred day moving average is $34.64. The firm has a market cap of $1.10 billion, a P/E ratio of 11.17 and a beta of 0.89.

Origin Bancorp Company Profile

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.