Horizon Bancorp (Michigan City IN) (HBNC) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Horizon Bancorp (Michigan City IN) (HBNC) experienced unusually high volume on Dec. 21, as the stock gained 0.81% to a closing price of $27.49. The stock saw 160,947 shares trade hands over the course of the day on 412 trades. Given that the stock’s average daily volume over the last month has been 31,762 shares a day, this represents a pretty substantial spike over the norm.

Horizon Bancorp (Michigan City IN) has a P/B ratio of 1.3. It also has a P/E ratio of 14.4. The stock has traded between $28.13 and $20.50 over the last 52-weeks, its 50-day SMA is now $26.81, and its 200-day SMA $24.63.

Horizon Bancorp (IN) is a bank holding company. It provides various banking services in Northwestern and Central Indiana and Southwestern Michigan through its bank subsidiary, Horizon Bank, N.A. and other affiliated entities.

Headquartered in Michigan City, IN, Horizon Bancorp (Michigan City IN) has 448 employees and is currently under the leadership of CEO Craig M. Dwight.

For a complete fundamental analysis analysis of Horizon Bancorp (Michigan City IN), check out Equities.com’s Stock Valuation Analysis report for HBNC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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