Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.7 in the prior trading day, Modular Medical Inc (NASDAQ: MODD) closed at $0.7, down -0.57%. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 0.11 million shares were traded. MODD stock price reached its highest trading level at $0.7 during the session, while it also had its lowest trading level at $0.6834.
Ratios:
Our goal is to gain a better understanding of MODD by taking a closer 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 38924372 and an Enterprise Value of 31653064.
Stock Price History:
Over the past 52 weeks, MODD has reached a high of $2.40, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -3.26%, while the 200-Day Moving Average is calculated to be -25.72%.
Shares Statistics:
The stock has traded on average 478.21K shares per day over the past 3-months and 311440 shares per day over the last 10 days, according to various share statistics. A total of 55.27M shares are outstanding, with a floating share count of 50.16M. Insiders hold about 9.26% of the company’s shares, while institutions hold 39.29% stake in the company. Shares short for MODD as of 1757894400 were 695394 with a Short Ratio of 1.45, compared to 1755216000 on 134339. Therefore, it implies a Short% of Shares Outstanding of 695394 and a Short% of Float of 1.55.
