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The price of Ontrak Inc (NASDAQ: OTRK) closed at $0.27 in the last session, down -7.18% from day before closing price of $0.30. In other words, the price has decreased by -$7.18 from its previous closing price. On the day, 0.55 million shares were traded. OTRK stock price reached its highest trading level at $0.28 during the session, while it also had its lowest trading level at $0.26.
Ratios:
We take a closer look at OTRK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.21 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 13060840 and an Enterprise Value of 6448851. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.506 whereas that against EBITDA is -0.403.
Stock Price History:
The Beta on a monthly basis for OTRK is 2.48, which has changed by -0.89772725 over the last 52 weeks, in comparison to a change of 0.23099434 over the same period for the S&P500. Over the past 52 weeks, OTRK has reached a high of $4.08, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -6.60%, while the 200-Day Moving Average is calculated to be -64.46%.
Shares Statistics:
According to the various share statistics, OTRK traded on average about 7.15M shares per day over the past 3-months and 1490780 shares per day over the past 10 days. A total of 38.47M shares are outstanding, with a floating share count of 15.04M. Insiders hold about 68.45% of the company’s shares, while institutions hold 7.51% stake in the company. Shares short for OTRK as of 1713139200 were 753645 with a Short Ratio of 0.11, compared to 1710460800 on 54481. Therefore, it implies a Short% of Shares Outstanding of 753645 and a Short% of Float of 4.0599998.
Earnings Estimates
A detailed examination of Ontrak Inc (OTRK) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.19, while EPS last year was -$4.86. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.14 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.53 and -$0.53 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.3, with 1.0 analysts recommending between -$0.3 and -$0.3.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $3.5M. There is a high estimate of $3.5M for the next quarter, whereas the lowest estimate is $3.5M.
A total of 1 analysts have provided revenue estimates for OTRK’s current fiscal year. The highest revenue estimate was $15.98M, while the lowest revenue estimate was $15.98M, resulting in an average revenue estimate of $15.98M. In the same quarter a year ago, actual revenue was $12.74MBased on 1 analysts’ estimates, the company’s revenue will be $30.79M in the next fiscal year. The high estimate is $30.79M and the low estimate is $30.79M.
