NasdaqGS:ONBBanks
Is It Time To Reconsider Old National Bancorp (ONB) After Mixed Share Price Performance?
If you are wondering whether Old National Bancorp at around US$22.85 is offering fair value or a potential opportunity, it helps to step back and look at what the recent share performance is really telling you.
The stock price return data is mixed, with a 0.8% decline over the past 7 days and a 0.6% decline over 30 days, set against gains of 1.3% year to date, 3.0% over 1 year, 41.0% over 3 years, and 48.2% over 5 years.
These moves sit against a backdrop where investors are continuously...