Ontrak (NASDAQ:OTRK) Shares Up 3.7% – Here’s Why

Ontrak, Inc. (NASDAQ:OTRK)’s share price shot up 3.7% on Friday . The company traded as high as $1.49 and last traded at $1.45. 6,280 shares traded hands during trading, a decline of 99% from the average session volume of 566,710 shares. The stock had previously closed at $1.40.

Ontrak Trading Up 3.7 %

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 stock’s fifty day moving average price is $1.62 and its two-hundred day moving average price is $1.97. The company has a market capitalization of $6.10 million, a PE ratio of -0.14 and a beta of 2.64.

Ontrak Company Profile

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.