Heritage Oaks Bancorp (NASDAQ:HEOP) saw strong trading volume on Thursday . 99,524 shares were traded during trading, a decline of 12% from the previous session’s volume of 112,481 shares.The stock last traded at $7.79 and had previously closed at $7.81.

Separately, Zacks Investment Research upgraded shares of Heritage Oaks Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday.

The company has a market capitalization of $262.06 million and a price-to-earnings ratio of 17.33. The company has a 50 day moving average of $7.94 and a 200 day moving average of $7.75.

Heritage Oaks Bancorp (NASDAQ:HEOP) last posted its quarterly earnings results on Thursday, April 28th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.01. Equities research analysts anticipate that Heritage Oaks Bancorp will post $0.49 EPS for the current fiscal year.

Heritage Oaks Bancorp is the holding company for Heritage Oaks Bank (the Bank). The Bank offers traditional banking products, such as checking, savings, money market account and certificates of deposit, as well as mortgage loans and commercial and consumer loans to customers who are predominately small to medium-sized businesses (SMBs) and individuals.