Shares of On Deck Capital, Inc. (NYSE:ONDK) ended Wednesday session in red amid volatile trading. The shares closed down 0.02 points or 0.16% at $12.59 with 355,122 shares getting traded. Post opening the session at $12.63, the shares hit an intraday low of $12.5 and an intraday high of $12.86 and the price vacillated in this range throughout the day. The company has a market cap of $875 million and the number of outstanding shares has been calculated to be 69,519,000 shares. The 52-week high of On Deck Capital, Inc. (NYSE:ONDK) is $28.98 and the 52-week low is $12.09.
On Deck Capital Inc is a United States-based financing network that offers financing to small businesses that do not meet the criteria for traditional bank loans. The Company uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses. The OnDeck system also provides a critically needed mechanism for financial institutions and other business service providers to reach the Main Street small business market. It has offices in Kansas City and McLean Virginia. Its small business loans include dental loans, restaurant loans, medical financing, restaurant financing, fast small business loans, fast small business financing, online small business loans, online applications for small business loans, small business loans online, retail capital, fast small business financing, short-term business loans, business equipment financing, small business equipment financing and merchant cash advance.