At the time of writing, Ontrak Inc [OTRK] stock is trading at $0.49, up 9.68%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OTRK shares have gain 10.68% over the last week, with a monthly amount drifted -67.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ontrak Inc [NASDAQ: OTRK] stock has seen the most recent analyst activity on December 05, 2023, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $4. Previously, Cowen downgraded its rating to Underperform on August 20, 2021, and dropped its price target to $9. On August 20, 2021, downgrade downgraded it’s rating to Neutral but maintained its price target of $15 on the stock. Canaccord Genuity upgraded its rating to a Buy. Cowen downgraded its rating to a Market Perform and reduced its price target to $35 on March 02, 2021. Canaccord Genuity downgraded its rating to Hold for this stock on March 02, 2021, and downed its price target to $30. In a note dated March 01, 2021, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $82 to $32.
For the past year, the stock price of Ontrak Inc fluctuated between $0.41 and $5.53. Ontrak Inc [NASDAQ: OTRK] shares were valued at $0.49 at the most recent close of the market.
Analyzing the OTRK fundamentals
According to Ontrak Inc [NASDAQ:OTRK], the company’s sales were 10.18M for trailing twelve months, which represents an -24.74% plunge. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -1.9%, Pretax Profit Margin comes in at -2.74%, and Net Profit Margin reading is -2.74%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.7 and Total Capital is -2.68. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4530 points at the first support level, and at 0.4190 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5130, and for the 2nd resistance point, it is at 0.5390.
Ratios To Look Out For
It is important to note that Ontrak Inc [NASDAQ:OTRK] has a current ratio of 0.70. Further, the Quick Ratio stands at 0.70, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.44.
Transactions by insiders
Recent insider trading involved Sherman Michael Edward, Director, that happened on Nov 20 ’24 when 173.0 shares were sold. Director, Sherman Michael Edward completed a deal on Nov 20 ’24 to buy 173.0 shares.
