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OTRK: Riding the Market Waves of Growth and Decline in 2023

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. Year to date metric has recorded a loss of -2.74%.However, over the last six months, we can see a stronger performance of -48.00%. Over the last 30 days, the price of OTRK has fallen by 118.12%. And in the last five days, it has surged by 14.94%.

Ontrak Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.08 on 06/16/23 and the lowest value was $0.14 on 03/08/24.

52-week price history of OTRK Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ontrak Inc’s current trading price is -90.44% away from its 52-week high, while its distance from the 52-week low is 188.89%. The stock’s price range during this period has varied between$0.14 and $4.08. The Ontrak Inc’s shares, which operate in the Healthcare, saw a trading volume of around 4.94 million for the day, a figure considerably lower than their average daily volume of 6.84 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Ontrak Inc (OTRK) has experienced a quarterly rise of 30.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.75M.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3347, with a change in price of -0.2600. Similarly, Ontrak Inc recorded 4,325,732 in trading volume during the last 100 days, posting a change of -40.00%.

OTRK Stock Stochastic Average

Ontrak Inc’s raw stochastic average for the past 50 days is presently 27.27%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 24.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.93% and 23.44%, respectively.