NEW YORK ( TheStreet) -- Old National Bancorp (NYSE: ONB) hit a new 52-week high Friday as it is currently trading at $12.56, above its previous 52-week high of $12.55 with 236,038 shares traded as of 11:15 a.m. ET. Average volume has been 639,500 shares over the past 30 days. Old has a market cap of $1.17 billion and is part of the financial sector and banking industry. Shares are up 5% year to date as of the close of trading on Thursday. Old National Bancorp operates as a holding company for Old National Bank, which provides financial services to individuals and commercial customers primarily in Indiana, eastern and southeastern Illinois, and central and western Kentucky. The company has a P/E ratio of 16, below the average banking industry P/E ratio of 20.6 and below the S&P 500 P/E ratio of 17.7.
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