Wall Street Zen cut shares of Live Oak Bancshares (NYSE:LOB - Free Report) from a hold rating to a sell rating in a report issued on Saturday.
Live Oak Bancshares Stock Up 4.3%
Shares of LOB traded up $1.48 during trading hours on Friday, hitting $35.77. 262,891 shares of the company were exchanged, compared to its average volume of 288,148. The firm has a market cap of $1.64 billion, a PE ratio of 29.32 and a beta of 1.82. Live Oak Bancshares has a one year low of $22.68 and a one year high of $50.57.
Live Oak Bancshares Company Profile
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Live Oak Bancshares, Inc operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits.
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