Ontrak Inc (NASDAQ: OTRK) is -21.20% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $4.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OTRK stock was last observed hovering at around $0.44 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $0.32, the stock is 68.32% and 47.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.48 million and changing -28.18% at the moment leaves the stock -72.26% off its SMA200. OTRK registered -89.05% loss for a year compared to 6-month loss of -67.42%. The firm has a 50-day simple moving average (SMA 50) of $1.69 and a 200-day simple moving average (SMA200) of -$1.10.
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The stock witnessed a 55.74% gain in the last 1 month and extending the period to 3 months gives it a -22.93%, and is 76.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 29.76% over the week and 18.55% over the month.
Ontrak Inc (OTRK) has around 119 employees, a market worth around $8.71M and $11.71M in sales. Profit margin for the company is -337.92%. Distance from 52-week low is 134.07% and -92.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-411.82%).
Ontrak Inc quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $2.51M over the same period., but quarterly earnings will post -82.70% year-over-year. Quarterly sales are estimated to shrink -75.70% in year-over-year returns.
32 institutions hold shares in Ontrak Inc (OTRK), with institutional investors hold 47.92% of the company’s shares. The shares outstanding are 27.56M, and float is at 5.65M with Short Float at 1.79%. Institutions hold 13.04% of the Float.
The top institutional shareholder in the company is Armistice Capital, LLC with over 2.89 million shares valued at $0.91 million. The investor’s holdings represent 10.47% of the OTRK Shares outstanding. As of Dec 30, 2023, the second largest holder is Hudson Bay Capital Management Lp with 0.56 million shares valued at $0.18 million to account for 2.02% of the shares outstanding. The other top investors are Two Sigma Securities, LLC which holds 32969.0 shares representing 0.12% and valued at over $10418.0, while Blackrock Inc. holds 0.07% of the shares totaling 20008.0 with a market value of $6322.0.
