Company Stock Price of Old National Bancorp (ONB) Increases 1.4%

Old National Bancorp is having a Relative Strength Index of 51.44 which indicates the stock is not yet over sold or over bought based on the technical indicators.

Stocks of Old National Bancorp (NASDAQ:ONB) rallied by 1.4% during the past week but lost 2.94% on a 4-week basis. The company has outperformed the S&P 500 by 1.16% in the past week but underperformed the index by 4.05% in the last 4 weeks.

Company shares have received an average consensus rating of Hold for the current week Old National Bancorp (NASDAQ:ONB) : On Friday heightened volatility was witnessed in Old National Bancorp (NASDAQ:ONB) which led to swings in the share price. The stock opened for trading at $18.05 and hit $18.225 on the upside , eventually ending the session at $18.15, with a gain of 0.28% or 0.05 points. The heightened volatility saw the trading volume jump to 1,846,857 shares. The 52-week high of the share price is $18.95 and the company has a market cap of $2,457 million. The 52-week low of the share price is at $11.51 .

Company has reported several Insider transactions to the SEC, on Feb 21, 2017, James A Sandgren (PRESIDENT & COO) sold 12,000 shares at 18.60 per share price.On Feb 7, 2017, Robert G Jones (CHAIRMAN AND CEO) sold 70,000 shares at 17.93 per share price.On Nov 3, 2016, Kendra L Vanzo (ASSOC ENGAGEMENT & INTEGRATION) purchased 1,000 shares at 14.35 per share price.

Old National Bancorp Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.26. The company had revenue of $172.70 million for the quarter, compared to analysts expectations of $155.05 million. The companys revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Old National Bancorp is a bank holding company that operates banking offices and ATMs throughout Indiana, Illinois, Ohio, Kentucky, and Tennessee. Through various subsidiaries, Old National provides a broad range of banking services as well as trust and investment management services, insurance brokerage services for both individuals and companies, and investment products. (Company Press Release)

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