Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Ontrak Inc’s current trading price is -94.38% away from its 52-week high, while its distance from the 52-week low is 24.36%. The stock’s price range over this period has fluctuated between $0.25 and $5.53. The company, operating within the financial sector, had a trading volume of approximately 20.3 million for the day, which was noticeably higher than the average daily share volume of 0.77 million over the last 3 months.
Ontrak Inc (OTRK) stock is currently valued at $0.31. During the last session, the stock experienced a remarkable rise, reaching $3.0 after opening at $0.31. The stock briefly dropped to $3.0 before ultimately closing at $0.31.
In terms of market performance, Ontrak Inc had a fairly uneven.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ontrak Inc (OTRK) has experienced a quarterly decline of -78.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.20M and boasts a workforce of 112 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2384, with a change in price of -1.0991. Similarly, Ontrak Inc recorded 725,889 in trading volume during the last 100 days, posting a change of -77.95%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for OTRK stands at 2.08. Similarly, the long-term debt-to-equity ratio is also 0.55.
OTRK Stock Stochastic Average
Today, Ontrak Inc’s raw stochastic average for the past 50 days stands at 5.49%, indicating a decline from the raw stochastic average of the last 20 days, which was 16.51%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 18.50% and 23.90% respectively.
OTRK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -91.88%. However, over the last six months, the performance has been stronger by -81.49%. The price of OTRK decreased -35.63% over the last 30 days. And in the last five days, it has fallen by -46.79%.
