Ontrak Inc (NASDAQ:OTRK) concluded the trading at $0.38 on Thursday, April 11, with a rise of 0.81% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.37. Considering stock’s 52-week price range provides that OTRK hit a high price of $4.08 and saw its price falling to a low level of $0.14 during that period. Over a period of past 1-month, stock came adding 127.96% in its value.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review OTRK stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the OTRK stock which is currently positioned at 0. It further provides that stock’s current price level is 3.90% away from its 20-day simple moving average and is 47.59% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 53.15 while volatility remained at 12.66% over the past week which changes to 33.90% when measuring it over the past month. Beta is valued at 2.44, while measure of average true range or ATR is currently at 0.10.
Having a second look at Ontrak Inc (NASDAQ:OTRK) provides that stock’s average daily trading volume for 3 months was 6.76 million, while it jumped to 7.22 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 27.56 million.
The percentage of outstanding shares held by the insiders is 68.02% while it is 12.98% for the institutional holders. The figures also indicate that as of Mar 15, 2024, number of stock’s short shares was 54480.0 which implies a short ratio of 0.08. This shows down a 0.20% of Short Interest in company’s outstanding shares on the day. In March the standing of shares short improved as it was 80520.0 in the previous month. Subtraction of -6.48% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
