Live Oak Bancshares (LOB) Worth Watching: Stock Up 6.3%

LOB

Live Oak Bancshares, Inc. (LOB - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16.1% since Jan 17.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Live Oak Bancshares currently sports a Zacks Rank #1 (Strong Buy).

An equally ranked stock in the same space is FCB Financial Holdings, Inc. . You can see the complete list of today’s Zacks #1 Rank stocks here.

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