In last trading session, Ontrak Inc (NASDAQ:OTRK) saw 1.31 million shares changing hands with its beta currently measuring 2.43. Company’s recent per share price level of $0.37 trading at $0.0 or 1.92% at ring of the bell on the day assigns it a market valuation of $10.25M. That closing price of OTRK’s stock is at a discount of -1002.7% from its 52-week high price of $4.08 and is indicating a premium of 62.16% from its 52-week low price of $0.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.98 million shares which gives us an average trading volume of 6.74 million if we extend that period to 3-months.
Ontrak Inc (NASDAQ:OTRK) trade information
Upright in the green during last session for gaining 1.92%, in the last five days OTRK remained trading in the red while hitting it’s week-highest on Thursday, 04/04/24 when the stock touched $0.37 price level, adding 17.78% to its value on the day. Ontrak Inc’s shares saw a change of -7.23% in year-to-date performance and have moved -14.97% in past 5-day. Ontrak Inc (NASDAQ:OTRK) showed a performance of 126.28% in past 30-days. Number of shares sold short was 54480.0 shares which calculate 0.08 days to cover the short interests.
Ontrak Inc (OTRK) estimates and forecasts
This year revenue growth is estimated to fall -82.70% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $2.51 million for the same. Company posted $10.33 million and $5.26 million of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.33% during past 5 years.
OTRK Dividends
Ontrak Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Ontrak Inc (NASDAQ:OTRK)’s Major holders
Insiders are in possession of 72.78% of company’s total shares while institution are holding 13.04 percent of that, with stock having share float percentage of 47.92%. Investors also watch the number of corporate investors in a company very closely, which is 13.04% institutions for Ontrak Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at OTRK for having 0.13 million shares of worth $0.37 million. And as of Jun 29, 2023, it was holding 2.64% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 20039.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.41% of outstanding shares, having a total worth of $56750.0.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.11 million shares of worth $0.31 million or 2.23% of the total outstanding shares. The later fund manager was in possession of 20310.0 shares on Jun 29, 2023, making its stake of worth around $57517.0 in the company or a holder of 0.41% of company’s stock.
