Ontrak (NASDAQ:OTRK) Shares Up 1.9% – Here’s Why

Ontrak, Inc. (NASDAQ:OTRK) shares were up 1.9% on Monday . The stock traded as high as $1.68 and last traded at $1.58. Approximately 20,157 shares changed hands during trading, a decline of 96% from the average daily volume of 452,355 shares. The stock had previously closed at $1.55.

Ontrak Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $6.66 million, a P/E ratio of -0.15 and a beta of 2.30. The stock’s fifty day moving average price is $1.52 and its two-hundred day moving average price is $1.62.

Ontrak (NASDAQ:OTRK) last posted its quarterly earnings results on Monday, April 14th. The company reported ($9.54) EPS for the quarter, missing analysts’ consensus estimates of ($1.35) by ($8.19). The business had revenue of $3.08 million for the quarter, compared to analyst estimates of $3.08 million. Ontrak had a negative return on equity of 171.34% and a negative net margin of 237.77%. During the same period last year, the firm posted ($4.32) EPS. As a group, equities analysts predict that Ontrak, Inc. will post -7.53 earnings per share for the current year.

Ontrak Company Profile

Ontrak, Inc operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need.