On Deck Capital (NYSE:ONDK) target price increased to $6.50, reported today by FBR & Co.
- Updated: September 15, 2016
Just yesterday On Deck Capital (NYSE:ONDK) traded 0.50% higher at $6.02. ONDK’s 50-day moving average is $5.90 and its 200-day moving average is $6.10. The last close is down 1.34% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. 297,154 shares of ONDK were exchanged, down from ann avg. trading volume of 530,370.
Indicating a possible upside of 0.08%, FBR & Co. bumped the estimated target of On Deck Capital (NYSE:ONDK) to $7
On 8/22/2016, Vetr Inc. reported on On Deck Capital(NYSE:ONDK) raised the target price from $0.00 to $4.57 that indicated a possible downside of -0.24%.
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Also covering On Deck Capital’s stock price target, a total of 14 firms have issued a report on On Deck Capital. The consensus target price is $9.98 with six analysts rating the company a strong buy, four firms rating the stock a buy, seven analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analysts rating the stock as sell.
On Deck Capital has a one-year low of $4.20 and a one-year high of $12.85 and has a market cap of $0.0.
General Information About On Deck Capital (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 and ongoing servicing system.
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