Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Ontrak Inc (NASDAQ: OTRK) closed at $0.5 up 3.48% from its previous closing price of $0.48. In other words, the price has increased by $3.48 from its previous closing price. On the day, 9.83 million shares were traded. OTRK stock price reached its highest trading level at $0.515 during the session, while it also had its lowest trading level at $0.46.
Ratios:
For a deeper understanding of Ontrak Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2108081 and an Enterprise Value of 8295128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 0.815 whereas that against EBITDA is -0.448.
Stock Price History:
The Beta on a monthly basis for OTRK is 2.00, which has changed by -0.84126985 over the last 52 weeks, in comparison to a change of 0.12677538 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 $0.42. The 50-Day Moving Average of the stock is -63.86%, while the 200-Day Moving Average is calculated to be -70.53%.
Shares Statistics:
For the past three months, OTRK has traded an average of 155.92K shares per day and 1836810 over the past ten days. A total of 4.22M shares are outstanding, with a floating share count of 2.99M. Insiders hold about 57.82% 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 0.08, 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
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $3.75M this quarter.It ranges from a high estimate of $3.75M to a low estimate of $3.75M. As of the current estimate, Ontrak Inc’s year-ago sales were $2.45MFor the next quarter, 1 analysts are estimating revenue of $4.1M. There is a high estimate of $4.1M for the next quarter, whereas the lowest estimate is $4.1M.
A total of 1 analysts have provided revenue estimates for OTRK’s current fiscal year. The highest revenue estimate was $15.96M, while the lowest revenue estimate was $15.96M, resulting in an average revenue estimate of $15.96M. In the same quarter a year ago, actual revenue was $10.85MBased on 1 analysts’ estimates, the company’s revenue will be $24.78M in the next fiscal year. The high estimate is $24.78M and the low estimate is $24.78M.
