Maxim Group Keeps Their Hold Rating on On Deck Capital Inc (ONDK)


Maxim Group analyst Michael Diana maintained a Hold rating on On Deck Capital Inc (ONDK) today. The company’s shares closed yesterday at $4.75, close to its 52-week low of $4.63.

Diana said:

“1Q19 results were mostly inline, with gross revenue and adjusted EBITDA above consensus, and adjusted net income (non-GAAP EPS) just below consensus.”

According to TipRanks.com, Diana is a 5-star analyst with an average return of 6.1% and a 61.0% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Manhattan Bridge Capital Inc, and Arlington Asset Investment.

On Deck Capital Inc has an analyst consensus of Moderate Buy, with a price target consensus of $12.

See today’s analyst top recommended stocks >>

The company has a one-year high of $9.41 and a one-year low of $4.63. Currently, On Deck Capital Inc has an average volume of 582.3K.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ONDK in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

On Deck Capital, Inc. engages in online small business lending. It offers financing solution for small businesses, including short term loans, long term loans, and lines of credit. The company was founded on May 4, 2006 and is headquartered in New York, NY.

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