Wall Street Zen cut shares of Live Oak Bancshares (NYSE:LOB - Free Report) from a hold rating to a sell rating in a research note released on Saturday.
Live Oak Bancshares Stock Down 0.9%
LOB traded down $0.32 on Friday, reaching $35.03. The company's stock had a trading volume of 368,365 shares, compared to its average volume of 282,022. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 28.71 and a beta of 1.82. Live Oak Bancshares has a fifty-two week low of $22.68 and a fifty-two week high of $50.57.
About Live Oak Bancshares
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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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