Post-Trade Analysis: Modular Medical Inc (MODD) Slides -3.38, Closing at 1.43

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

After finishing at $1.48 in the prior trading day, Modular Medical Inc (NASDAQ: MODD) closed at $1.43, down -3.38%. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.99 million shares were traded. MODD stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.3975.

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 3.36 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.09.

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 Dec 03 ’24 when MANCHESTER MANAGEMENT CO LLC bought 21,000 shares for $1.68 per share. The transaction valued at 35,236 led to the insider holds 265,750 shares of the business.

MANCHESTER MANAGEMENT CO LLC bought 100,000 shares of MODD for $168,950 on Nov 27 ’24. The Director by Deputization now owns 244,750 shares after completing the transaction at $1.69 per share. On Nov 21 ’24, another insider, MANCHESTER MANAGEMENT CO LLC, who serves as the Chief Executive Officer of the company, bought 166,666 shares for $1.50 each. As a result, the insider paid 249,999 and bolstered with 3,284,743 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 57400912 and an Enterprise Value of 63450112.

Stock Price History:

Over the past 52 weeks, MODD has reached a high of $2.65, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is -27.48%, while the 200-Day Moving Average is calculated to be -21.02%.

Shares Statistics:

The stock has traded on average 170.54K shares per day over the past 3-months and 97350 shares per day over the last 10 days, according to various share statistics. A total of 40.64M shares are outstanding, with a floating share count of 37.15M. Insiders hold about 8.59% of the company’s shares, while institutions hold 37.75% stake in the company. Shares short for MODD as of 1730332800 were 648340 with a Short Ratio of 2.46, compared to 1727654400 on 801866. Therefore, it implies a Short% of Shares Outstanding of 648340 and a Short% of Float of 3.27.

Most Popular