On Deck Capital, Inc. Common St (NYSE:ONDK):
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The company is so far trading up since yesterday’s close of $4.8.
The stock last traded at $4.84 which is slightly below the 50 day moving average of $5.42 and barely below the 200 day moving average of $5.66. The 50 day moving average moved down $-0.58 and the 200 day average was down $-0.82.
As of the latest earnings report the EPS was $-0.45 and is projected to be $-0.65 for the current year with 70,923,000 shares outstanding. Next quarter’s EPS is estimated at $-0.17 with next year’s EPS anticipated to be $-0.14.
Several brokerage analysts have weighed in on On Deck Capital, Inc. Common St recently. Equity analyst Guggenheim Securities issued its first research report on the stock with an initial rating of “Neutral”. On May 31 the stock rating was downgraded from “” to “Market Perform” and a price target of $6.00 was set in a report issued by Keefe Bruyette & Woods.
On May 26 analysts at Macquarie began coverage setting a rating of “Outperform”. On May 5 the company was downgraded to “Hold” from “” with a current price target of $6.50 in a statement from Morgan Stanley.
On May 4 the stock rating was downgraded to “Neutral” from “Buy” in a report from Jefferies. On May 3 the company was changed to a “Neutral” by Canaccord Genuity which was a cut from the previous “Buy” rating.