On Friday, ModivCare Inc (NASDAQ: MODV) was -11.70% drop from the session before settling in for the closing price of $7.35. A 52-week range for MODV has been $5.55 – $52.33.
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Annual sales at Healthcare sector company grew by 17.95% over the past five years. When this article was written, the company’s average yearly earnings per share was at -82.43%. With a float of $13.95 million, this company’s outstanding shares have now reached $14.30 million.
Let’s look at the performance matrix of the company that is accounted for 21200 employees. In terms of profitability, gross margin is 12.59%, operating margin of 0.86%, and the pretax margin is -6.41%.
ModivCare Inc (MODV) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ModivCare Inc stocks. The insider ownership of ModivCare Inc is 2.31%, while institutional ownership is 107.32%. The most recent insider transaction that took place on Jan 10 ’25, was worth 5,087,586. In this transaction 10% Owner of this company bought 720,000 shares at a rate of $7.07, taking the stock ownership to the 3,702,751 shares. Before that another transaction happened on Jan 13 ’25, when Company’s 10% Owner bought 452,378 for $6.56, making the entire transaction worth $2,967,600. This insider now owns 4,155,129 shares in total.
ModivCare Inc (MODV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -82.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -49.24% drop over the previous five years of trading.
ModivCare Inc (NASDAQ: MODV) Trading Performance Indicators
You can see what ModivCare Inc (MODV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.87, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 2.39 in one year’s time.
Technical Analysis of ModivCare Inc (MODV)
ModivCare Inc (NASDAQ: MODV) saw its 5-day average volume 1.04 million, a positive change from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 19.93%. Additionally, its Average True Range was 1.39.
During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 3.45%, which indicates a significant decrease from 13.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 296.89% in the past 14 days, which was higher than the 198.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.34, while its 200-day Moving Average is $20.66. Nevertheless, the first resistance level for the watch stands at $7.47 in the near term. At $8.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.04. If the price goes on to break the first support level at $5.89, it is likely to go to the next support level at $5.29. The third support level lies at $4.31 if the price breaches the second support level.
ModivCare Inc (NASDAQ: MODV) Key Stats
There are 14,284K outstanding shares of the company, which has a market capitalization of 92.70 million. As of now, sales total 2,751 M while income totals -204,460 K. Its latest quarter income was 702,040 K while its last quarter net income were -26,600 K.
