In last trading session, Ontrak Inc (NASDAQ:OTRK) saw 0.79 million shares changing hands with its beta currently measuring 2.67. Company’s recent per share price level of $0.24 trading at -$0.02 or -9.92% at ring of the bell on the day assigns it a market valuation of $11.32M. That closing price of OTRK’s stock is at a discount of -1600.0% from its 52-week high price of $4.08 and is indicating a premium of 41.67% from its 52-week low price of $0.14. Taking a look at company’s average trading volume volume of 7.27 million if we extend that period to 3-months.
Ontrak Inc (NASDAQ:OTRK) trade information
Upright in the red during last session for losing -9.92%, in the last five days OTRK remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $0.24 price level, adding 24.76% to its value on the day. Ontrak Inc’s shares saw a change of -41.15% in year-to-date performance and have moved -19.45% in past 5-day. Ontrak Inc (NASDAQ:OTRK) showed a performance of -39.49% in past 30-days.
Ontrak Inc (OTRK) estimates and forecasts
Statistics highlight that Ontrak Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -78.35% of value to its shares in past 6 months, showing an annual growth rate of 83.94% while that of industry is 11.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 25.40% 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 2.7M for the same. And 1 analysts are in estimates of company making revenue of 3.5M in the next quarter.
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 9.17% during past 5 years.
OTRK Dividends
Ontrak Inc is more likely to be releasing its next quarterly report in June 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.
