Old Line Bancshares Inc (OLBK) is Trading Lower on Unusual Volume for December 29

Equities Staff |

Old Line Bancshares Inc (OLBK) experienced unusually high volume on Dec. 29, as the stock lost 3.25% to a closing price of $17.54. The stock saw 26,183 shares trade hands over the course of the day on 202 trades. Given that the stock’s average daily volume over the last month has been 4,801 shares a day, this represents a pretty substantial spike over the norm.

Old Line Bancshares Inc has a P/B ratio of 1.34. It also has a P/E ratio of 19.3. The stock has traded between $18.33 and $14.31 over the last 52-weeks, its 50-day SMA is now $17.69, and its 200-day SMA $16.30.

Old Line Bancshares Inc is the holding company for Old Line Bank. The Company is engaged in general commercial banking business, making different types of loans and accepting deposits.

Headquartered in Bowie, MD, Old Line Bancshares Inc has 228 employees and is currently under the leadership of CEO James W. Cornelsen.

For a complete fundamental analysis analysis of Old Line Bancshares Inc, check out Equities.com’s Stock Valuation Analysis report for OLBK. 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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