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Shares of LOB Up 11.9% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for Live Oak Bancsha (NASDAQ:LOB) on April 12th, 2019 at $16.10. In approximately 10 months, Live Oak Bancsha has returned 11.90% as of today's recent price of $18.01.

In the past 52 weeks, shares of Live Oak Bancsha have traded between a low of $13.41 and a high of $20.46 and are now at $18.01, which is 34% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Live Oak Bancshares Inc. provides small business lending. The Company offers loans to the veterinary, pharmacy, investment advisory, beverages, funeral homes, entertainment centers, agricultural, and healthcare sectors. Live Oak Bancshares serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Live Oak Bancsha shares.

Log in and add Live Oak Bancsha (LOB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights live oak bancsha

Ticker(s): LOB