A statement released earlier today by Vetr Inc. about On Deck Capital Inc (NYSE:ONDK) bumps the target price to $6.60
- Updated: September 25, 2016
In a report released on Monday September 26, 2016 Vetr Inc. increased the stock price target of On Deck Capital Inc (NYSE:ONDK) to $6.60 reporting a possible upside of 0.11%.
Yesterday On Deck Capital Inc (NYSE:ONDK) traded -1.50% lower at $5.92. The company’s 50-day moving average is $6.04 and its 200-day moving average is $6.04. The last closing price is down -2.01% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 248,795 shares of On Deck Capital Inc exchanged hands, down from an avg. volume of 497,141
With a total market value of $0, On Deck Capital Inc has with a one year low of $4.20 and a one year high of $12.85 .
A total of 14 equity analysts have released a report on On Deck Capital Inc. Six brokerages rating the company a strong buy, four brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.98.
General Company Details For On Deck Capital Inc (NYSE:ONDK)
On Deck Capital, Inc. offers an online platform for small business lending. The Company's platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company's Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds. It offers a financing solution for small businesses, including short-term loans of over 10 months and long-term loans of over 40 months, and lines of credit. The Company's integrated platform includes the Company's Website, which allows small businesses to apply for a loan, round the clock; data and analytics engine, which analyzes data attributes from disparate sources to assess the real-time creditworthiness of a small business; the technology, which offers funding of loans, and daily and weekly collections, and ongoing servicing system.
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