Ontrak, Inc. (NASDAQ:OTRK) Chairman Terren S. Peizer sold 15,000 shares of Ontrak stock in a transaction on Monday, September 13th. The shares were sold at an average price of $11.00, for a total value of $165,000.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Ontrak stock opened at $10.69 on Wednesday. The firm has a market cap of $204.69 million, a price-to-earnings ratio of -7.64 and a beta of 2.14. The stock has a fifty day simple moving average of $21.26 and a two-hundred day simple moving average of $28.17. Ontrak, Inc. has a 12 month low of $9.51 and a 12 month high of $99.89. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.79.
Ontrak (NASDAQ:OTRK) last issued its quarterly earnings data on Thursday, August 5th. The company reported ($0.31) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.52) by $0.21. Ontrak had a negative return on equity of 24.37% and a negative net margin of 16.70%. The company had revenue of $26.49 million during the quarter, compared to analyst estimates of $22.01 million. On average, equities research analysts forecast that Ontrak, Inc. will post -1.97 EPS for the current fiscal year.
Several institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Ontrak by 11.8% in the first quarter. Geode Capital Management LLC now owns 134,516 shares of the company’s stock worth $4,379,000 after buying an additional 14,166 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Ontrak in the first quarter worth about $361,000. G2 Investment Partners Management LLC purchased a new stake in shares of Ontrak in the first quarter worth about $254,000. Morgan Stanley lifted its position in shares of Ontrak by 199.2% in the first quarter. Morgan Stanley now owns 182,231 shares of the company’s stock worth $5,933,000 after buying an additional 121,322 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of Ontrak in the first quarter worth about $511,000. Institutional investors and hedge funds own 30.08% of the company’s stock.
Ontrak, Inc provides data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its platform OnTrak solution which is designed to improve member health and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions.
Featured Article: Dual Listing
Receive News & Ratings for Ontrak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ontrak and related companies with MarketBeat.com's FREE daily email newsletter.