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The closing price of Ontrak Inc (NASDAQ: OTRK) was $0.21 for the day, down -4.10% from the previous closing price of $0.21. In other words, the price has decreased by -$4.10 from its previous closing price. On the day, 0.89 million shares were traded. OTRK stock price reached its highest trading level at $0.2197 during the session, while it also had its lowest trading level at $0.196.
Ratios:
Our analysis of OTRK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.59 and its Current Ratio is at 3.59. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.44.
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.
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 10303481 and an Enterprise Value of 9757356. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 0.788 whereas that against EBITDA is -0.656.
Stock Price History:
Over the past 52 weeks, OTRK has reached a high of $1.42, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -9.97%, while the 200-Day Moving Average is calculated to be -25.27%.
Shares Statistics:
OTRK traded an average of 323.08K shares per day over the past three months and 215520 shares per day over the past ten days. A total of 38.47M shares are outstanding, with a floating share count of 18.88M. Insiders hold about 60.65% of the company’s shares, while institutions hold 0.55% stake in the company. Shares short for OTRK as of 1724976000 were 333066 with a Short Ratio of 1.03, compared to 1722384000 on 257234. Therefore, it implies a Short% of Shares Outstanding of 333066 and a Short% of Float of 1.76.
