The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.97 in the prior trading day, Ontrak Inc (NASDAQ: OTRK) closed at $0.55, down -43.10%. In other words, the price has decreased by -$43.10 from its previous closing price. On the day, 3.27 million shares were traded. OTRK stock price reached its highest trading level at $0.59 during the session, while it also had its lowest trading level at $0.5.
Ratios:
Our goal is to gain a better understanding of OTRK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 2.08 whereas as Long-Term Debt/Eq ratio is at 0.55.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on December 05, 2023, initiated with a Buy rating and assigned the stock a target price of $4.
On August 20, 2021, Cowen Downgraded its rating to Underperform which previously was Market Perform and also lowered its target price recommendation from $35 to $9.
B. Riley Securities Downgraded its Buy to Neutral on August 20, 2021, while the target price for the stock was maintained at $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 20 ’24 when Sherman Michael Edward sold 173 shares for $1.77 per share. The transaction valued at 306 led to the insider holds 0 shares of the business.
Sherman Michael Edward bought 173 shares of OTRK for $311 on Nov 20 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OTRK now has a Market Capitalization of 2334158 and an Enterprise Value of 8524157. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.837 whereas that against EBITDA is -0.461.
Stock Price History:
The Beta on a monthly basis for OTRK is 2.30, which has changed by -0.81666666 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, OTRK has reached a high of $5.53, while it has fallen to a 52-week low of $0.93. The 50-Day Moving Average of the stock is -62.05%, while the 200-Day Moving Average is calculated to be -68.37%.
Shares Statistics:
The stock has traded on average 26.07K shares per day over the past 3-months and 378670 shares per day over the last 10 days, according to various share statistics. A total of 4.22M shares are outstanding, with a floating share count of 1.78M. Insiders hold about 45.96% of the company’s shares, while institutions hold 15.88% stake in the company. Shares short for OTRK as of 1749772800 were 11863 with a Short Ratio of 0.46, compared to 1747267200 on 16160. Therefore, it implies a Short% of Shares Outstanding of 11863 and a Short% of Float of 0.5499999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
