On Deck Capital, Inc. (NYSE:ONDK) has lost 8.45% during the past week and dropped 13.82% in the last 4 weeks. The shares are however, marginally negative as compared to the SP 500 for the past week with a loss of 8.5%. On Deck Capital, Inc. (NYSE:ONDK) has underperformed the index by 12.64% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
On Deck Capital, Inc. (NYSE:ONDK) : On Friday heightened volatility was witnessed in On Deck Capital, Inc. (NYSE:ONDK) which led to swings in the share price. The shares opened for trading at $13.59 and hit $13.99 on the upside , eventually ending the session at $13.66, with a gain of 0.81% or 0.11 points. The heightened volatility saw the trading volume jump to 1,112,119 shares. The 52-week high of the share price is $28.98 and the company has a market cap of $950 million. The 52-week low of the share price is at $13.36 .
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.