1st Source Corp. (SRCE) is Trading Lower on Unusual Volume for February 11

Equities Staff |

1st Source Corp. (SRCE) experienced unusually high volume on Feb. 11, as the stock lost 3.1% to a closing price of $28.48. The stock saw 80,873 shares trade hands over the course of the day on 598 trades. Given that the stock’s average daily volume over the last month has been 50,970 shares a day, this represents a pretty substantial spike over the norm.

1st Source Corp. has a P/B ratio of 1.16. It also has a P/E ratio of 13.8. The stock has traded between $34.35 and $27.01 over the last 52-weeks, its 50-day SMA is now $30.30, and its 200-day SMA $30.30.

1st Source Corp is a bank holding company of 1st Source Bank that offers commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients.

Headquartered in South Bend, IN, 1st Source Corp. has 1,100 employees and is currently under the leadership of CEO Christopher J. Murphy.

For a complete fundamental analysis analysis of 1st Source Corp., check out Equities.com’s Stock Valuation Analysis report for SRCE. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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