Ontrak Inc (NASDAQ: OTRK) closed the day trading at $0.15 down -3.75% from the previous closing price of $0.16. In other words, the price has decreased by -$0.0060 from its previous closing price. On the day, 1058772 shares were traded. OTRK stock price reached its highest trading level at $0.1645 during the session, while it also had its lowest trading level at $0.1450.
Ratios:
For a better understanding of OTRK, let’s 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 4.41M and an Enterprise Value of 15.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36. Its current Enterprise Value per Revenue stands at 1.32 whereas that against EBITDA is -0.86.
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 $0.15. The 50-Day Moving Average of the stock is 0.2658, while the 200-Day Moving Average is calculated to be 1.2928.
Shares Statistics:
Over the past 3-months, OTRK traded about 305.83K shares per day on average, while over the past 10 days, OTRK traded about 898.17k shares per day. 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 0.26, 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
Current recommendations for the stock of the company come from 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
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.
