Wall Street Zen Downgrades Live Oak Bancshares (NYSE:LOB) to Sell

Live Oak Bancshares (NYSE:LOB) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Live Oak Bancshares Stock Up 0.2%

Live Oak Bancshares stock opened at $34.57 on Friday. The stock has a market capitalization of $1.58 billion, a PE ratio of 28.34 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.

Live Oak Bancshares Company Profile

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.