Ontrak (NASDAQ:OTRK) Stock Price Up 1.4% – Still a Buy?

Ontrak, Inc. (NASDAQ:OTRK) rose 1.4% during trading on Tuesday . The stock traded as high as $1.50 and last traded at $1.49. Approximately 8,875 shares were traded during trading, a decline of 98% from the average daily volume of 452,502 shares. The stock had previously closed at $1.47.

Ontrak Stock Performance

The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $6.28 million, a price-to-earnings ratio of -0.14 and a beta of 2.38. The business has a 50-day moving average price of $1.53 and a 200-day moving average price of $1.59.

Ontrak (NASDAQ:OTRK) last released its quarterly earnings data on Tuesday, May 20th. The company reported ($1.65) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.24) by ($0.41). The business had revenue of $2.02 million during the quarter. Ontrak had a negative return on equity of 171.34% and a negative net margin of 237.77%. As a group, sell-side analysts forecast that Ontrak, Inc. will post -7.53 earnings per share for the current year.

About Ontrak

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.