Origin Bancorp (NASDAQ:OBNK) Stock Price Down 3.6% – Here’s Why

Shares of Origin Bancorp, Inc. (NASDAQ:OBNKGet Free Report) dropped 3.6% during mid-day trading on Tuesday . The company traded as low as $33.46 and last traded at $33.54. Approximately 127,660 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 107,928 shares. The stock had previously closed at $34.81.

Origin Bancorp Stock Performance

The company has a market capitalization of $1.03 billion, a P/E ratio of 10.45 and a beta of 0.89. The stock’s fifty day moving average price is $34.84 and its 200-day moving average price is $35.57. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.01.

About Origin Bancorp

(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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