Will On Deck Capital, Inc. (ONDK) Short Squeeze Soon?

On Deck Capital, Inc. (NYSE:ONDK) Logo

The stock of On Deck Capital, Inc. (NYSE:ONDK) is a huge mover today! The stock decreased 3.94% or $0.185 during the last trading session, reaching $4.505. About 311,967 shares traded. On Deck Capital, Inc. (NYSE:ONDK) has risen 21.50% since May 14, 2018 and is uptrending. It has outperformed by 17.13% the S&P500.
The move comes after 9 months negative chart setup for the $342.01M company. It was reported on May, 14 by Barchart.com. We have $4.37 PT which if reached, will make NYSE:ONDK worth $10.26M less.

Analysts await On Deck Capital, Inc. (NYSE:ONDK) to report earnings on August, 6. They expect $0.08 earnings per share, down 11.11 % or $0.01 from last year’s $0.09 per share. ONDK’s profit will be $6.07 million for 14.08 P/E if the $0.08 EPS becomes a reality. After $0.07 actual earnings per share reported by On Deck Capital, Inc. for the previous quarter, Wall Street now forecasts 14.29 % EPS growth.

More notable recent On Deck Capital, Inc. (NYSE:ONDK) news were published by: Seekingalpha.com which released: “Enova International: Data Analytics Platform In Play – Seeking Alpha” on April 30, 2019, also Seekingalpha.com with their article: “OnDeck -9.8% on dimmer 2019 revenue outlook, disappointing Q1 – Seeking Alpha” published on May 02, 2019, Finance.Yahoo.com published: “Hedge Funds Have Never Been More Bullish On Innovative Industrial Properties, Inc. (IIPR) – Yahoo Finance” on May 13, 2019. More interesting news about On Deck Capital, Inc. (NYSE:ONDK) were released by: Prnewswire.com and their article: “OnDeck To Enter Equipment Financing Market – PRNewswire” published on December 19, 2018 as well as Zacks.com‘s news article titled: “On Deck Capital (ONDK) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Zacks.com” with publication date: February 05, 2019.

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. The company has market cap of $342.01 million. It offers term loans and lines of credit. It has a 10.19 P/E ratio.

On Deck Capital, Inc. (NYSE:ONDK) Ratings Chart

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