Zacks Investment Research upgraded Live Oak Bancshares Inc (NASDAQ:LOB) to Hold in a report released today.
- Updated: October 1, 2016
Yesterday Live Oak Bancshares Inc (NASDAQ:LOB) traded 1.76% higher at $14.30. The company’s 50-day moving average is $14.11 and its 200-day moving average is $14.61. The last stock close price is down -1.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 68,556 shares of the stock were exchanged, down from an average trading volume of 81,808
Zacks Investment Research has upgraded Live Oak Bancshares Inc (NASDAQ:LOB) to Hold in a report released on 09/28/2016.
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With a total market value of $0, Live Oak Bancshares Inc has price-earnings ratio of 36.79 with a one year low of $12.10 and a one year high of $19.50 .
A total of 3 analysts have released a research note on LOB. 0 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $18.17.
General Company Details For Live Oak Bancshares Inc (NASDAQ:LOB)
Live Oak Bancshares, Inc. is the bank holding company for Live Oak Banking Company (the Bank). The Bank is a commercial bank and a national online platform for small business lending. The Company provides certain small businesses across the United States a means to access capital. The Company primarily originates loans partially guaranteed by the United States Small Business Administration (SBA) to small businesses and professionals. It offers commercial and industrial loans, construction and development loans, and owner occupied commercial real estate loans for agriculture, death care management, healthcare, independent pharmacies, registered investment advisors and veterinary industry, among others. The Company also offers commercial land loans for agriculture. It owns Live Oak Grove, LLC, which provides company employees and business visitors an on-site restaurant location, and Government Loan Solutions, Inc., a management and technology consulting company, among others.
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