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Shares of LOB Up 16.7% Since Uptrend Call on Shares

By David Diaz

SmarTrend identified an Uptrend for Live Oak Bancsha (NASDAQ:LOB) on April 12th, 2019 at $16.09. In approximately 5 months, Live Oak Bancsha has returned 16.74% as of today's recent price of $18.79.

Live Oak Bancsha share prices have moved between a 52-week high of $30.85 and a 52-week low of $13.09 and are now trading 44% above that low price at $18.80 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-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