ONB Crosses Above Key Moving Average Level Friday, April 15, 2:18 PM ET, by Market News Video Staff In trading on Friday, shares of Old National Bancorp (ONB) crossed above their 200 day ...
COLB Crosses Below Key Price/Book Valuation Level Monday, April 18, 1:00 PM ET, by Market News Video Staff In trading on Monday, shares of Columbia Banking System, Inc. (COLB) crossed below their last ...
In trading on Thursday, shares of Old National Bancorp (NYSE:ONB) crossed below their last reported book value — defined as common shareholder equity per share — of $10.08, changing hands as low as $10.01 per share. Old National Bancorp shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of ONB shares, versus its 50 and 200 day moving averages:
Looking at the chart above, ONB's low point in its 52 week range is $9.10 per share, with $13.96 as the 52 week high point — that compares with a last trade of $10.05.
According to the ETF Finder at ETF Channel, ONB makes up 1.89% of the SPDR KBW Regional Banking ETF (AMEX:KRE) which is trading higher by about 0.1% on the day Thursday.
ONB operates in the Banking & Savings sector, among companies like Bank of New York Mellon Corp (NYSE:BK) which is off about 0.8% today, and Bank of Montreal (NYSE:BMO) trading higher by about 0.4%. Below is a three month price history chart comparing the stock performance of ONB, versus BK and BMO.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud:BancorpBankBankingBelowCHANNELChannelFLEXIBLEInvestmentNYSENationalRegionalSavingsStartThursdayaboutaboveassetbelowchartclassescountriescrosseddefineddesignedequityflexibilityfollowhighhigherlastmdashnbspotherperformancepointportfolioraquoregionssharesharesshortstockstockstodaytradingversusweekwhatwhichwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Now Playing:
The Importance of Book Value
Start slideshow:
Daily Dividend Report: RL, ESV, HRL, TAP, DSW
Analyst Moves: ADSK, CRM
Daily Dividend Report: AIZ, WM, CHRW, DGX, AWK
Analyst Moves: AAPL, JOY
Analyst Moves: T, FRT
Daily Dividend Report: LO, HD, TWC. APD, HPQ
