Witnessing the stock’s movement on the chart, on Thursday, Modular Medical Inc (NASDAQ: MODD) had a quiet start as it plunged -5.83% to $1.94, before settling in for the price of $2.06 at the close. Taking a more long-term approach, MODD posted a 52-week range of $1.00-$2.65.
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The company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 0.00%. Meanwhile, its Annual Earning per share during the time was -11.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 41.03%. This publicly-traded company’s shares outstanding now amounts to $32.46 million, simultaneously with a float of $30.86 million. The organization now has a market capitalization sitting at $67.07 million. At the time of writing, stock’s 50-day Moving Average stood at $2.21, while the 200-day Moving Average is $1.82.
Modular Medical Inc (MODD) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Modular Medical Inc’s current insider ownership accounts for 10.72%, in contrast to 43.72% institutional ownership. According to the most recent insider trade that took place on Aug 19 ’24, this organization’s Director bought 15,000 shares at the rate of 1.69, making the entire transaction reach 25,350 in total value, affecting insider ownership by 66,139. Preceding that transaction, on Feb 16 ’24, Company’s Director by Deputization bought 900,000 for 1.10, making the whole transaction’s value amount to 990,000. This particular insider is now the holder of 3,118,227 in total.
Modular Medical Inc (MODD) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
Modular Medical Inc’s EPS increase for this current 12-month fiscal period is 41.03% and is forecasted to reach -0.35 in the upcoming year.
Modular Medical Inc (NASDAQ: MODD) Trading Performance Indicators
Let’s observe the current performance indicators for Modular Medical Inc (MODD). It’s Quick Ratio in the last reported quarter now stands at 3.36. The Stock has managed to achieve an average true range (ATR) of 0.13.
In the same vein, MODD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.35 at the market close of one year from today.
Technical Analysis of Modular Medical Inc (MODD)
Going through the that latest performance of [Modular Medical Inc, MODD]. Its last 5-days volume of 0.19 million was inferior to the volume of 0.23 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 21.01% While, its Average True Range was 0.14.
Raw Stochastic average of Modular Medical Inc (MODD) in the period of the previous 100 days is set at 48.87%, which indicates a major rise in contrast to 17.31% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.01% that was lower than 55.44% volatility it exhibited in the past 100-days period.
