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The closing price of ModivCare Inc (NASDAQ: MODV) was $3.21 for the day, down -13.94% from the previous closing price of $3.73. In other words, the price has decreased by -$13.94 from its previous closing price. On the day, 0.66 million shares were traded. MODV stock price reached its highest trading level at $3.735 during the session, while it also had its lowest trading level at $3.2.
Ratios:
Our analysis of MODV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.78.
On May 06, 2024, Lake Street Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $50.
Jefferies Downgraded its Buy to Hold on February 23, 2024, whereas the target price for the stock was revised from $60 to $39.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 31 ’25 when AI Catalyst Fund, LP bought 187,500 shares for $4.03 per share. The transaction valued at 755,625 led to the insider holds 1,942,500 shares of the business.
AI Catalyst Fund, LP bought 187,500 shares of MODV for $725,625 on Feb 03 ’25. The 10% Owner now owns 2,130,000 shares after completing the transaction at $3.87 per share. On Jan 30 ’25, another insider, AI Catalyst Fund, LP, who serves as the 10% Owner of the company, bought 45,000 shares for $4.35 each. As a result, the insider paid 195,750 and bolstered with 1,755,000 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, MODV now has a Market Capitalization of 46075700 and an Enterprise Value of 1329593856. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 0.483 whereas that against EBITDA is 11.845.
Stock Price History:
The Beta on a monthly basis for MODV is 1.28, which has changed by -0.8701456 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, MODV has reached a high of $32.82, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is 36.97%, while the 200-Day Moving Average is calculated to be -57.79%.
Shares Statistics:
MODV traded an average of 4.99M shares per day over the past three months and 857560 shares per day over the past ten days. A total of 14.35M shares are outstanding, with a floating share count of 11.98M. Insiders hold about 16.55% of the company’s shares, while institutions hold 90.69% stake in the company. Shares short for MODV as of 1749772800 were 2439082 with a Short Ratio of 0.22, compared to 1747267200 on 2493706. Therefore, it implies a Short% of Shares Outstanding of 2439082 and a Short% of Float of 40.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
