For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Modular Medical Inc (NASDAQ: MODD) closed the day trading at $0.58 down -5.79% from the previous closing price of $0.61. In other words, the price has decreased by -$5.79 from its previous closing price. On the day, 0.69 million shares were traded. MODD stock price reached its highest trading level at $0.61 during the session, while it also had its lowest trading level at $0.57.
Ratios:
For a better understanding of MODD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 20 ’25 when MANCHESTER MANAGEMENT CO LLC bought 520,832 shares for $1.92 per share. The transaction valued at 999,997 led to the insider holds 3,805,575 shares of the business.
MANCHESTER MANAGEMENT CO LLC bought 156,250 shares of MODD for $300,000 on Mar 20 ’25. The Chief Executive Officer now owns 422,000 shares after completing the transaction at $1.92 per share. On Dec 03 ’24, another insider, MANCHESTER MANAGEMENT CO LLC, who serves as the Director by Deputization of the company, bought 21,000 shares for $1.68 each. As a result, the insider paid 35,236 and bolstered with 265,750 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MODD now has a Market Capitalization of 33983164 and an Enterprise Value of 25202518.
Stock Price History:
The Beta on a monthly basis for MODD is -0.34, which has changed by -0.7403587 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, MODD has reached a high of $2.37, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -18.28%, while the 200-Day Moving Average is calculated to be -35.68%.
Shares Statistics:
Over the past 3-months, MODD traded about 481.38K shares per day on average, while over the past 10 days, MODD traded about 248520 shares per day. A total of 55.27M shares are outstanding, with a floating share count of 50.15M. Insiders hold about 9.28% of the company’s shares, while institutions hold 39.29% stake in the company. Shares short for MODD as of 1759190400 were 234223 with a Short Ratio of 0.49, compared to 1756425600 on 118205. Therefore, it implies a Short% of Shares Outstanding of 234223 and a Short% of Float of 0.52.
