Ontrak Inc (NASDAQ:OTRK) price on Wednesday, July 02, rose 5.05% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.48.
A look at the stock’s price movement, the close in the last trading session was $0.46. Turning to its 52-week performance, $5.53 and $0.42 were the 52-week high and 52-week low respectively. Overall, OTRK moved -66.46% over the past month.
Ontrak Inc’s market cap currently stands at around $2.04 million, with investors looking forward to this quarter’s earnings report slated for in August.
Turning to the stock’s technical picture we see that short term indicators suggest on average that OTRK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
OTRK’s current price about -59.28% and -65.53% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 12.35, while 7-day volatility ratio is 14.48% and 8.31% in the 30-day chart. Further, Ontrak Inc (OTRK) has a beta value of 2.00.
If we refocus on Ontrak Inc (NASDAQ:OTRK), historical trading data shows that trading volumes averaged 133.39K over the past 3 months. The company’s latest data on shares outstanding shows there are 4.22 million shares.
The 57.82% of Ontrak Inc’s shares are in the hands of company insiders while institutional holders own 15.88% of the company’s shares. Current price change has pushed the stock -84.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OTRK stock continues to rise going into the next quarter.
