Ontrak Inc Stock In The News
| OTRK Stock | USD 1.80 0.05 2.70% |
Our overall analysis of Ontrak's news coverage and content from conventional and social sources shows investors' bearish mood towards Ontrak Inc. The specific impact of Ontrak news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Ontrak's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Ontrak headlines in addition to utilizing other, more conventional financial analysis modules. Check out Ontrak Backtesting and Ontrak Hype Analysis.
Ontrak |
Ontrak Today Top News and Investor Outlook
Ontrak Inc Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Ontrak and other traded companies coverage with news coverage. We help investors stay connected with Ontrak headlines for the 2nd of December to make an informed investment decision based on correlating the impacts of news items on Ontrak Stock performance. Please note that trading solely based on the Ontrak Inc hype is not for everyone as timely availability and quick action are needed to avoid losses.
Ontrak stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Ontrak earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Ontrak that are available to investors today. That information is available publicly through Ontrak media outlets and privately through word of mouth or via Ontrak internal channels. However, regardless of the origin, that massive amount of Ontrak data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ontrak news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ontrak relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ontrak's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ontrak alpha.
Ontrak Largest EPS Surprises
Earnings surprises can significantly impact Ontrak's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-03-31 | 2014-12-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2017-11-14 | 2017-09-30 | -0.17 | -0.19 | -0.02 | 11 | ||
2017-08-15 | 2017-06-30 | -0.2 | -0.22 | -0.02 | 10 | ||
2021-03-01 | 2020-12-31 | -0.3 | -0.27 | 0.03 | 10 | ||
2017-03-01 | 2016-12-31 | -0.21 | -0.18 | 0.03 | 14 | ||
2019-08-14 | 2019-06-30 | -0.3 | -0.34 | -0.04 | 13 |
Ontrak Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Ontrak Inc Stock. Current markets are slightly bearish. About 51% of major world exchanges and indexes are down. See today's market update for more information.
15th of November 2024
ARMISTICE CAPITAL, LLC Acquires New Stake in Ontrak Inc at gurufocus.com
13th of November 2024
Ontrak Health Announces 2024 Third Quarter Financial Results at businesswire.com
6th of November 2024
Ontrak, Inc. May Report Negative Earnings Know the Trend Ahead of Next Weeks Release at zacks.com
18th of October 2024
Ontrak files offering of common stock at seekingalpha.com
9th of October 2024
Ontrak Health Collaborates with Major Northeast Regional Plan to Bridge HEDIS Care Gaps Us... at businesswire.com
30th of September 2024
Acquisition by Terren Peizer of tradable shares of Ontrak subject to Rule 16b-3 at MacroaxisInsider
19th of September 2024
Ontrak, Inc. Announces Reverse Stock Split at finance.yahoo.com
12th of September 2024
Ontrak Health Demonstrates Significant Improvement in Members Quality of Life from ReQoL M... at businesswire.com
11th of September 2024
Acquisition by Terren Peizer of 8888889 shares of Ontrak at 0.45 subject to Rule 16b-3 at businesswire.com
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ontrak in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ontrak's short interest history, or implied volatility extrapolated from Ontrak options trading.
Check out Ontrak Backtesting and Ontrak Hype Analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ontrak. If investors know Ontrak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 31.91 | Revenue Per Share 4.585 | Quarterly Revenue Growth (0.17) | Return On Assets (0.45) | Return On Equity (3.41) |
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ontrak's market value can be influenced by many factors that don't directly affect Ontrak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.