Old National Bancorp (NASDAQ:ONB) : During the past 4 weeks, traders have been relatively bearish on Old National Bancorp (NASDAQ:ONB), hence the stock is down -5.17% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.55% relative to the S&P 500. The stock has risen by 0.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.64% in the past 4 weeks.
The company shares have dropped -15.42% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $15.00 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $12.70 and the 200 Day Moving Average price is recorded at $12.31.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 1.55%.
Old National Bancorp (NASDAQ:ONB): stock turned positive on Friday. Though the stock opened at $12.43, the bulls momentum made the stock top out at $12.59 level for the day. The stock recorded a low of $12.34 and closed the trading day at $12.45, in the green by 1.80%. The total traded volume for the day was 831,570. The stock had closed at $12.23 in the previous days trading.
In an insider trading activity, Wolking Christopher A, officer (SEVP – CFO) of Old National Bancorp /In/, unloaded 3,000 shares at an average price of $13.17 on May 31, 2016. The total amount of the transaction was worth $39,510, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Old National Bancorp (Old National) is a financial holding company. The Company through its wholly owned banking subsidiary provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory, and other traditional banking services. Through its non-bank affiliates, it provides insurance brokerage services and other financial services. It operates in two segments: banking, which consists of lending and depository activities along with cash management, private banking, brokerage, trust and investment advisory services, and insurance, which offers full-service insurance brokerage services, including commercial property and casualty, surety, loss control services, employee benefits consulting and administration, and personal insurance. Old National Bank provides a range of services, including commercial and consumer loan and depository services, lease financing and other traditional banking services.