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 $1.44, up 2.13% from the previous day, and has decreased 67.63% in one year. It has overperformed other stocks in the Health Information Services industry by 0.02 percentage points. Ontrak stock is currently +13.39% from its 52-week low of $1.27, and -75.26% from its 52-week high of $5.82.
There are currently 4.22M OTRK shares outstanding. The market capitalization of OTRK is $6.07M. In the past 24 hours, 11,401 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.
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.
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- 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. This offer is only for US users.
Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
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.
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
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.
Using relative valuations metrics:
- OTRK could be undervalued based on its P/B ratio of 0.62x, relative to Health Information Services industry P/B ratio of 3.29x
You can access more valuation research on OTRK's stock here.
OTRK Financials at a glance
Pros:
- Total OTRK debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the OTRK balance sheet.
- There are more short-term assets than long-term liabilities on the OTRK balance sheet.
- OTRK has $5.71M in cash and short term investments. This is enough to cover its annual cash burn of $13.61M.
Cons:
- OTRK has cash burn of 13612000. It does not have enough cash and short-term investments to cover this.
- OTRK profit margin has gone down from -289.4% to -728.5% in the past year.
- OTRK has a relatively high debt to equity ratio of 1.14.
You can dig deeper into what analysts are saying on the Ontrak stock forecast page.
OTRK Momentum
OTRK Earnings
Last year, OTRK revenue was $10.85M. During the past 5 year, OTRK's revenue has gone up by -20.93% per year. This was slower than the Health Information Services industry average of 22.41%.
Find out more about OTRK's earnings and revenue performance here.
Who is buying/selling OTRK?
In the past 12 months, insiders at OTRK have sold more shares than they have bought.
Michael Edward Sherman, Director of OTRK, was the latest OTRK insider to sell. They sold $306.21 worth of OTRK stock on Nov 20, 2024.
Learn more about who owns OTRK shares here.
Can I get consistent income from OTRK stock?
No, Ontrak doesn't provide an income stream by paying out dividends.
What do other traders have to say about OTRK?
One of the reasons eToro is our highest-rated 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 primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you require more help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your OTRK investment
Now that you own some OTRK stock, you'll want to keep up with your new investment.
Make a watchlist to get the latest updates about your OTRK stock.
OTRK Feed
How to Buy Stock in Ontrak
To summarize, here are the 6 steps to buy Ontrak stock:
- Choose where to buy Ontrak stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Ontrak stock
- Execute your OTRK buy order
- Keep tabs on your OTRK investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Ontrak, add OTRK to your watchlist by clicking the button below.
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