Several analysts have commented on the company rating. Equity Analysts at the Brokerage Firm, Keefe Bruyette Woods , initiates coverage on their rating on the shares of On Deck Capital, Inc. (NYSE:ONDK). Keefe Bruyette Woods has a Market Perform rating on the shares. As per the latest report, the brokerage house announces the price target to $14 per share. The rating by the firm was issued on August 12, 2015.
On Deck Capital, Inc. (NYSE:ONDK) witnessed a decline in the market cap on Wednesday as its shares dropped 0.5% or 0.05 points. After the session commenced at $10.12, the stock reached the higher end at $10.36 while it hit a low of $9.89. With the volume soaring to 290,178 shares, the last trade was called at $10. The company has a 52-week high of $28.98. The company has a market cap of $696 million and there are 69,587,000 shares in outstanding. The 52-week low of the share price is $7.75.
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.