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After finishing at $0.21 in the prior trading day, Ontrak Inc (NASDAQ: OTRK) closed at $0.21, down -0.90%. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 4.06 million shares were traded. OTRK stock price reached its highest trading level at $0.2184 during the session, while it also had its lowest trading level at $0.191.
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 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 10073226 and an Enterprise Value of 9858088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.796 whereas that against EBITDA is -0.663.
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 -9.41%, while the 200-Day Moving Average is calculated to be -31.52%.
Shares Statistics:
The stock has traded on average 255.29K shares per day over the past 3-months and 607450 shares per day over the last 10 days, according to various share statistics. 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 1723680000 were 182415 with a Short Ratio of 0.71, compared to 1721001600 on 214268. Therefore, it implies a Short% of Shares Outstanding of 182415 and a Short% of Float of 0.97.
Earnings Estimates
The performance of Ontrak Inc (OTRK) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.49 and -$0.49 for the fiscal current year, implying an average EPS of -$0.49. EPS for the following year is -$0.24, with 1.0 analysts recommending between -$0.24 and -$0.24.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $3.26M. There is a high estimate of $3.26M for the next quarter, whereas the lowest estimate is $3.26M.
A total of 1 analysts have provided revenue estimates for OTRK’s current fiscal year. The highest revenue estimate was $10.99M, while the lowest revenue estimate was $10.99M, resulting in an average revenue estimate of $10.99M. In the same quarter a year ago, actual revenue was $12.74MBased on 1 analysts’ estimates, the company’s revenue will be $25.65M in the next fiscal year. The high estimate is $25.65M and the low estimate is $25.65M.
