Bank of the Ozarks (OZRK) Shares Slide -3.51%

Bank of the Ozarks (OZRK) : During the past 4 weeks, traders have been relatively bearish on Bank of the Ozarks (OZRK), hence the stock is down -5.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.45% relative to the S&P 500. The 4-week change in the price of the stock is -1.88% and the stock has fallen -3.51% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.43% and the 50-Day Moving Average is 4.61%. Bank of the Ozarks, Inc. has dropped 12.51% during the last 3-month period . Year-to-Date the stock performance stands at -26.43%.


Bank of the Ozarks (NASDAQ:OZRK): On Fridays trading session , Opening price of the stock was $36.13 with an intraday high of $36.45. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $35.9. However, the stock managed to close at $35.99, a loss of 0.64% for the day. On the previous day, the stock had closed at $36.22. The total traded volume of the day was 2,142,690 shares.

Also, Equity Analysts at the Brokerage Firm, Keefe Bruyette & Woods, reiterates their rating on the shares of Bank of the Ozarks (NASDAQ:OZRK). Keefe Bruyette & Woods has a Outperform rating on the shares. As per the latest research report, the brokerage house lowers the price target to $46 per share from a prior target of $48. The rating by the firm was issued on June 24, 2016.

Bank of the Ozarks, Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks. The Company provides a range of retail and commercial banking services. The Company provides mortgage lending, trust and wealth management services, treasury management services and online and mobile banking services. Deposit services include checking, savings, money market, time deposit and individual retirement accounts. Loan services include various types of real estate, consumer, commercial, industrial and agricultural loans and various leasing services. It also provides mortgage lending, treasury management services, remote deposit capture services, trust and wealth management services, real estate appraisals, ATMs, telephone banking, online and mobile banking services.

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