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Ontrak Inc’s Shares Reel: -12.73% Quarterly Revenue Decline Amid 10.03M Market Cap

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The market performance of Ontrak Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $4.08 on 06/16/23, while the lowest value for the same duration was $0.14 on 03/08/24.

52-week price history of OTRK Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ontrak Inc’s current trading price is -91.08% away from its 52-week high, while its distance from the 52-week low is 169.63%. The stock’s price range during the 52-week period has remained between $0.14 and $4.08. In the Healthcare sector, the company’s shares saw a trading volume of around 3.83 million for the day, which was evidently lower than the average daily volume of 5.27 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Ontrak Inc (OTRK) has experienced a quarterly decline of -12.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.03M and boasts a workforce of 119 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4001, with a change in price of -0.6400. Similarly, Ontrak Inc recorded 3,291,050 in trading volume during the last 100 days, posting a change of -64.00%.

OTRK Stock Stochastic Average

Ontrak Inc’s raw stochastic average for the past 50 days is presently 46.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 46.39%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 41.73% and 40.81%, respectively.

OTRK Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -9.23%. However, over the past six months, we’ve seen a stronger performance of -59.09%. The price of OTRK fallen by 91.37% over the last 30 days. And in the last five days, it has surged by 91.58%.