Ontrak Inc (NASDAQ:OTRK) has a beta value of 2.19 and has seen 8.64 million shares traded in the last trading session. The company, currently valued at $5.24M, closed the last trade at $0.19 per share which meant it gained $0.01 on the day or 8.14% during that session. The OTRK stock price is -2047.37% off its 52-week high price of $4.08 and 26.32% above the 52-week low of $0.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.5 million shares traded. The 3-month trading volume is 370.58K shares.
Ontrak Inc (NASDAQ:OTRK) trade information
Sporting 8.14% in the green in last session, the stock has traded in the green over the last five days, when the OTRK stock price touched $0.19 or saw a rise of 4.76%. Year-to-date, Ontrak Inc shares have moved -52.62%, while the 5-day performance has seen it change 15.57%. Over the past 30 days, the shares of Ontrak Inc (NASDAQ:OTRK) have changed 1.06%. Short interest in the company has seen 0.1 million shares shorted with days to cover at 0.18.
Ontrak Inc (OTRK) estimates and forecasts
Figures show that Ontrak Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -79.45% over the past 6 months, with this year growth rate of 69.70%, compared to 14.80% for the industry. Revenue growth from the last financial year stood is estimated to be -82.70%.
1 analysts offering their estimates for the company have set an average revenue estimate of $2.51 million for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -21.33% over the past 5 years.
OTRK Dividends
Ontrak Inc is expected to release its next earnings report between March 13 and March 18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Ontrak Inc (NASDAQ:OTRK)’s Major holders
Insiders own 72.78% of the company shares, while shares held by institutions stand at 13.04% with a share float percentage of 47.92%. Investors are also buoyed by the number of investors in a company, with Ontrak Inc having a total of 32 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 0.13 million shares worth more than $0.37 million. As of Jun 29, 2023, Vanguard Group Inc held 2.64% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 20039.0 shares as of Jun 29, 2023. The firm’s total holdings are worth over $56750.0 and represent 0.41% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 2.23% shares in the company for having 0.11 million shares of worth $0.31 million while later fund manager owns 20310.0 shares of worth $57517.0 as of Jun 29, 2023, which makes it owner of about 0.41% of company’s outstanding stock.
