Stock Detail
NEWTEK BUSINESS SERVICES INC
Diversified Investments
NEWT @ Yahoo Finance | NEWT Option @ Yahoo Finance
Last Day's Data
| Current Price | High | Value Change | Percent Change | Dividend | Previous Close |
|---|---|---|---|---|---|
| $1.13 | $1.17 | $-0.02 | -1.74% | 0.00 | $1.15 |
| Opening Price | Low | Volume | Market Cap | Average Volume | P/E |
| $1.16 | $1.13 | 9,741 | 40.42M | 16,409 | 16.64 |
Pivot Table
| R2 | R1 | Pivot | S1 | S2 |
| 1.18 | 1.15 | 1.14 | 1.11 | 1.10 |
Stock Profile
Newtek Business Services, Inc., through its subsidiaries, operates as a direct distributor of business services to the small and medium-sized business market in the United States. It offers electronic payment processing services, including credit card, debit card, and gift card processing, as well as check approval services directly to merchants; and Web hosting and related services, including Linux-based Web hosting, and Web-based data storage and back-up services. The company also specializes in making, servicing, and selling small business loans guaranteed by the U.S. Small Business Administration for the purpose of acquiring commercial real estate, machinery, equipment, and inventory; and to refinance debt, fund franchises, working capital, and business acquisitions. In addition, it provides small business insurance products and services, such as personal and commercial lines insurance products; and administrative and technological support for small businesses by designing and implementing specialized financial and management reporting systems, and by providing outsourced financial management functions, including digital bookkeeping. The company also provides tax filing, preparation, and advisory services to small- and medium-sized businesses; and business plan preparation services in connection with the formation or expansion of small and medium-sized businesses. Newtek Business Services has strategic alliance with Credit Union National Association, PSCU Financial Services, Inc., and AIG Small Business. The company was founded in 1998 and is headquartered in New York, New York.