Origin Bancorp (NASDAQ:OBNK) Stock Price Down 2.5% – Here’s Why

Origin Bancorp, Inc. (NASDAQ:OBNKGet Free Report)’s share price fell 2.5% during mid-day trading on Tuesday . The stock traded as low as $35.72 and last traded at $35.73. 124,661 shares changed hands during trading, an increase of 16% from the average session volume of 107,928 shares. The stock had previously closed at $36.64.

Origin Bancorp Stock Performance

The stock has a market capitalization of $1.02 billion, a P/E ratio of 10.37 and a beta of 0.89. The stock’s 50-day simple moving average is $34.06 and its 200 day simple moving average is $32.61. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.01 and a quick ratio of 1.00.

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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