Origin Bancorp (NASDAQ:OBNK) Shares Up 3.5% – Here’s What Happened

Shares of Origin Bancorp, Inc. (NASDAQ:OBNK) were up 3.5% during mid-day trading on Monday . The company traded as high as $35.93 and last traded at $35.84. Approximately 131,723 shares changed hands 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 Stock Up 0.0 %

The business’s fifty day simple moving average is $37.25 and its 200 day simple moving average is $34.65. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 11.07 and a beta of 0.89. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 1.09.

About Origin Bancorp

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.