The closing price of Ontrak Inc (NASDAQ: OTRK) was $0.49 for the day, up 10.11% from the previous closing price of $0.44. In other words, the price has increased by $+0.0450 from its previous closing price. On the day, 6062218 shares were traded.
Ratios:
Our analysis of OTRK’s different ratios will help us gain a deeper understanding of the company. 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 12.29M and an Enterprise Value of 23.36M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15. Its current Enterprise Value per Revenue stands at 1.99 whereas that against EBITDA is -1.30.
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. The 50-Day Moving Average of the stock is 0.2410, while the 200-Day Moving Average is calculated to be 0.9268.
Shares Statistics:
OTRK traded an average of 6.46M shares per day over the past three months and 17.5M shares per day over the past ten days. 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 Mar 15, 2024 were 54.48k with a Short Ratio of 0.01, compared to 80.52k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.20% and a Short% of Float of 0.73%.
Earnings Estimates
The firm’s stock currently is rated by 0 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
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. 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.
