After finishing at $0.19 in the prior trading day, Ontrak Inc (NASDAQ: OTRK) closed at $0.18, down -1.97%. In other words, the price has decreased by -$0.0037 from its previous closing price. On the day, 746683 shares were traded.
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 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:
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 5.00M and an Enterprise Value of 16.07M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is -0.89.
Stock Price History:
The Beta on a monthly basis for OTRK is 2.24, which has changed by -94.72% over the last 52 weeks, in comparison to a change of 27.55% over the same period for the S&P500. Over the past 52 weeks, OTRK has reached a high of $4.14, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 0.2812, while the 200-Day Moving Average is calculated to be 1.3326.
Shares Statistics:
The stock has traded on average 245.70K shares per day over the past 3-months and 580.58k shares per day over the last 10 days, according to various share statistics. A total of 27.56M shares are outstanding, with a floating share count of 5.65M. Insiders hold about 79.50% of the company’s shares, while institutions hold 12.98% stake in the company. Shares short for OTRK as of Feb 15, 2024 were 80.52k with a Short Ratio of 0.33, compared to 57.99k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.29% and a Short% of Float of 1.07%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. 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
1 analysts predict $2.51M in revenue for the current quarter. 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.
