Ontrak Inc (OTRK) Rise 4.55% in Day Trading, Closes at $0.46

The price of Ontrak Inc (NASDAQ: OTRK) closed at $0.46 in the last session, up 4.55% from day before closing price of $0.44. On the day, 5581905 shares were traded.

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 1.12 and its Current Ratio is at 1.12.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08.

Stock Price History:

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.

Shares Statistics:

A total of 27.56M shares are outstanding, with a floating share count of 6.53M. Insiders hold about 76.29% of the company’s shares, while institutions hold 12.98% stake in the company.

Earnings Estimates

The company has — analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$4.44. 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. EPS for the following year is -$3.8, with 1 analysts recommending between -$3.8 and -$3.8.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $2.51M. It ranges from a high estimate of $3M to a low estimate of $3M. As of the current estimate, Ontrak Inc’s year-ago sales were $10.33M, an estimated decrease of -75.70% from the year-ago figure.

A total of 1 analysts have provided revenue estimates for OTRK’s current fiscal year. The highest revenue estimate was $15M, while the lowest revenue estimate was $15M, resulting in an average revenue estimate of $14.51M. In the same quarter a year ago, actual revenue was $84.13M, down -82.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $13.24M in the next fiscal year. The high estimate is $13.24M and the low estimate is $13.24M. The average revenue growth estimate for next year is down -8.80% from the average revenue estimate for this year.

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