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Ontrak Inc: Navigating Market Fluctuations with a 5.24M Market Cap

The market performance of Ontrak Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $4.08 on 06/16/23, with the lowest value for the same timeframe being $0.14, recorded on 03/08/24.

52-week price history of OTRK Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Ontrak Inc’s current trading price is -95.34% away from its 52-week high, while its distance from the 52-week low is 40.74%. The stock’s price range for this period has remained between $0.14 and $4.08. The Healthcare sector company’s shares managed to surpass a trading volume of around 8.64 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.37 million over the last three months.

Financial Performance and Market Capitalization

Ontrak Inc (OTRK) has experienced a quarterly decline of -57.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.24M and boasts a workforce of 119 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4295, with a change in price of -0.5590. Similarly, Ontrak Inc recorded 392,795 in trading volume during the last 100 days, posting a change of -74.63%.

OTRK Stock Stochastic Average

As of today, the raw stochastic average of Ontrak Inc over the last 50 days is at 21.15%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 47.83%. Further, the company’s Stochastic %K and %D values for the last 20 days were 37.86% and 34.61%, respectively.

OTRK Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded a decrease of -52.62%. However, over the last six months, the performance has been stronger by -79.45%. The price of OTRK increased 1.06% over the last 30 days. And in the last five days, it has surged by 15.57%.