Hot Stock in Focus: Ontrak Inc (NASDAQ:OTRK), Desktop Metal Inc (NYSE:DM)

OTRK has seen its SMA50 which is now 47.76%. In looking the SMA 200 we see that the stock has seen a -72.26%.

DM has seen its SMA50 which is now 20.16%. In looking the SMA 200 we see that the stock has seen a -37.04%.

On 20-03-2024 (Wednesday), Shares of Ontrak Inc (NASDAQ:OTRK) encountered a difference of -28.18% after which it shut the day’ session at $0.32. The volume added 11,181,232 shares which compares with the average volume of 4.28M shares.

Ontrak Inc, a USA based Company, belongs to Health Information Services sector industry. Shares of Ontrak Inc was among the active stocks of the last exchanging sessions.


The stock value instability stayed at 18.55% in recent month and ranges at 29.76% for the week. The Average True Range (ATR) is also a measure of volatility is presently sitting at 0.06. The firm demonstrates the market capitalization of $8.71M.

Important Results:

Ontrak Inc has P/S value of 0.74 while its P/B esteem remains at 0. Likewise, the company has Return on Assets of -49.37%, Return on Equity of -714.32% and Return on Investment of -411.82%.

The company demonstrates Gross Margin and Operating Margin of 31.14% and -200.28% respectively.

Forward P/E of Ontrak Inc is remaining at 0. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.

Technical Analysis of Ontrak Inc OTRK:

The stock price moved with change of 134.07% to its 50 Day low spot and changed -49.03% contrasting with its 50 Day high point. OTRK stock is as of now appearing down return of 76.73% all through a week ago and saw bearish return of 55.74% in one month span. The execution of company -22.93% in three months and -67.42% throughout the previous a half year exchanging period.

Tracking the closing price and 52-week high, the current price movement shows that the stock price positioned negative when compared against the 52-week high. As close of recent trade, stock represents -92.25%move from 52-week high. Tracing the 52-week low position of the stock, we noted that the closing price represents a 134.07% higher distance from that low value. Technical analysts compare a stock’s current trading price to its 52-week range to get a broad sense of how the stock is doing, as well as how much the stock’s price has fluctuated. This information may indicate the potential future range of the stock and how volatile the shares are.

Desktop Metal Inc (NYSE:DM)’s Analysis & Performances to Discover

Desktop Metal Inc, belongs to Technology sector and Computer Hardware industry. The company’s total Outstanding Shares of 325.27M. DM flaunted 1.92% to reach at $0.74 during previous trading session.

The company has experienced volume of 2,118,075 shares while on average the company has a capacity of trading 3.76M share.

Observing the Technical Indicators:

Desktop Metal Inc institutional ownership is held at 34.19% while insider ownership was 36.91%. As of now, DM has a P/S, P/E and P/B values of 1.27, 0 and 1.00 respectively. Its P/Cash is valued at 2.85.

The Company’s net profit margin for the 12 months at -170.41%. Comparatively, the gazes have a Gross margin 8.93%.

Profitability ratios:

Looking into the profitability ratios of DM stock, an investor will find its ROE, ROA, ROI standing at -84.06%, -49.37% and -85.55%, respectively.

Reading RSI Indicator

Desktop Metal Inc (DM) attained alert from day Traders as RSI reading reached at 61.99. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.

Earnings per Share Details of Desktop Metal Inc:

The EPS of DM is strolling at -1.00, measuring its EPS growth this year at 47.05%. As a result, the company has an EPS growth of 44.44% for the approaching year.

What Does the Payout Ratio Tell You?

The payout ratio is a key financial metric used to determine the sustainability of a company’s dividend payments. It is the amount of dividends paid to shareholders relative to the total net income of a company.

Formula for the Payout Ratio Is

“Payout Ratio = Dividends / Earnings”

Is It Overvalued? Look at the Payout Ratio of OTRK, DM

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. OTRK has a Payout Ratio of 0 and DM has a Payout Ratio of 0.

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