Independent Bank Group Inc. (IBTX) is Trading Higher on Unusual Volume for January 28

Equities Staff |

Independent Bank Group Inc. (IBTX) experienced unusually high volume on Jan. 28, as the stock gained 16.74% to a closing price of $32.98. The stock saw 128,107 shares trade hands over the course of the day on 1,218 trades. Given that the stock’s average daily volume over the last month has been 79,732 shares a day, this represents a pretty substantial spike over the norm.

Independent Bank Group Inc. has a P/B ratio of 1.04. It also has a P/E ratio of 12.5. The stock has traded between $46.66 and $27.29 over the last 52-weeks, its 50-day SMA is now $34.10, and its 200-day SMA $39.44.

Independent Bank Group Inc is a bank holding company. The Company, through its subsidiary provides commercial banking products and services to businesses, professionals and individuals.

Headquartered in McKinney, TX, Independent Bank Group Inc. has 511 employees and is currently under the leadership of CEO James D. Stein / David R. Brooks.

For a complete fundamental analysis analysis of Independent Bank Group Inc., check out’s Stock Valuation Analysis report for IBTX. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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