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How to Buy Ontrak Stock

Ontrak Inc

Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to health plans and other third-party payors in the United States.

Ontrak stock last closed at $0.60, up 38.69% from the previous day, and has decreased 79.34% in one year. It has underperformed other stocks in the Health Information Services industry by 0.62 percentage points. Ontrak stock is currently +340.74% from its 52-week low of $0.14, and -85.42% from its 52-week high of $4.08.

There are currently 27.56M OTRK shares outstanding. The market capitalization of OTRK is $16.40M. In the past 24 hours, 21.36M OTRK shares were traded.

How to Buy Ontrak Stock

Not sure how to invest in Ontrak stock? Here's how.
  1. Choose where to buy Ontrak stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Ontrak stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your method of payment and add your details.
  4. Evaluate Ontrak stock: The Ontrak ticker symbol is OTRK. Is Ontrak stock a good investment? Should you buy shares of OTRK? How do OTRK's underlying business fundamentals look? Do top analysts think Ontrak is a good buy? Why has OTRK's stock price moved recently? (Hint: Our stock market research tools can help you figure out if OTRK is a good stock to buy).
  5. Execute your OTRK buy order: Decide if you will purchase OTRK shares at the current market price or use a limit order to purchase OTRK stock at a given price.
  6. Keep tabs on your OTRK investment: Create a watchlist to important notifications about your investment in Ontrak stock.

Step 1: Choose where to buy Ontrak stock

You will need a brokerage account to access the NASDAQ market and buy OTRK shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy OTRK today.

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  1. Send your data by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have opened your account on the best stock app, you can securely and quickly fund your account:

Check out the video below to see the process of depositing money into your investment account.

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Step 4: Evaluate Ontrak stock

Once you have identified the best place to buy Ontrak stock, it's crucial to analyze their stock before you invest, so you truly comprehend the risk and upside.

Ontrak stock data

OTRK Price
$0.60
1w %
88.29%
1y %
-79.34%
5y %
-99.2%
P/E
-0.07x
P/B
-3.54x
P/S
0.25x
PEG
N/A
Revenue
$11.71M
Earnings
-$39.58M
Fore. Rev. Growth
53.31%
Fore. Earn. Growth
N/A
Market Cap
$16.40M
Next Earnings
May 8, 2024
Next Dividend
N/A

Ontrak Overview

WallStreetZen was designed to help average investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on OTRK's stock page.

How is OTRK stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge OTRK's intrinsic value.

You can access additional valuation analysis on OTRK's stock here.

How do OTRK Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the OTRK balance sheet.

Cons:

  • OTRK profit margin has gone down from -320% to -337.9% in the past year.
  • OTRK has cash burn of 13676000. It does not have enough cash and short-term investments to cover this.
  • Total OTRK debt is still negative.
  • OTRK has $9.23M in cash and short term investments. This is not enough to cover its annual cash burn of $13.68M.
  • OTRK debt to equity ratio of -5.49 is negative.
  • There are more long-term liabilities than short-term assets on the OTRK balance sheet.

Is OTRK stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who monitor OTRK, the consensus analyst rating on Ontrak is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Ontrak stock forecast page.

OTRK Technicals

SMA10
0.33
SMA20
0.25
SMA50
0.22
SMA100
0.39
SMA200
1.07
MACD
0.07
MACD Signal
0.03
MACD Histogram
0.04
RSI
73.94
Stochastic %K
66.55
Stochastic %D
54.05
StochRSI %K
67.93
StochRSI %D
62.37

Is OTRK Making Money?

Last year, OTRK revenue was $11.71M. In the past 5 year, OTRK's revenue has gone up by -1.43% per year. This was slower than the Health Information Services industry average of 19.7%.

Dig into OTRK's earnings and revenue performance here.

Are OTRK insiders buying or selling the stock?

In the last 12 months, insiders at OTRK have bought more shares than they have sold.

Terren S. Peizer, 10% Owner of OTRK, was the latest OTRK insider to buy. They bought $5,416,437.00 worth of OTRK shares on Dec 20, 2023.

Learn more about who owns OTRK shares here.

Does OTRK stock generate passive income?

No, Ontrak doesn't provide an income stream by paying out dividends.

What others are saying about OTRK

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your OTRK buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Keep tabs on your OTRK investment

Now that you own some OTRK stock, you'll want to keep up with your shares.

Make a watchlist to keep tabs on your OTRK stock.

OTRK Feed

How to Buy Stock in Ontrak

To summarize, here are the 6 steps to buy stock in Ontrak:

  1. Choose where to buy Ontrak stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Ontrak stock
  5. Execute your OTRK buy order
  6. Keep tabs on your OTRK investment

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to track your new investment in Ontrak, add OTRK to your watchlist below.

NASDAQ: OTRK
$0.60+0.17 (+38.69%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: OTRK
$0.60+0.17 (+38.69%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ontrak share?

As of Mar 27, 2024, it costs $0.60 to buy one share of Ontrak stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.3, you can buy 0.5 shares of OTRK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ontrak stock?

According to 1 Wall Street analysts who monitor Ontrak, their consensus recommendation is to buy Ontrak stock.

What is the best way to buy Ontrak stock?

One way to place an order for Ontrak stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.