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.
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.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your method of payment and add your details.
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).
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.
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.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
Invest in stocks with 0% commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
Access to global financial markets: From Tech to Healthcare, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
Security: eToro is a regulated and licensed fintech leader.
Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro today.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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.
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%.
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.
If you require more help buying stocks on eToro, click the helpful video below:
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.
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.