ModivCare Inc (NASDAQ: MODV) on Monday, plunged -4.00% from the previous trading day, before settling in for the closing price of $4.00. Within the past 52 weeks, MODV’s price has moved between $3.83 and $52.33.
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Annual sales at Healthcare sector company grew by 17.95% over the past five years. The company achieved an average annual earnings per share of -84.78%. With a float of $12.25 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 Updates
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of ModivCare Inc is 14.29%, while institutional ownership is 107.26%. The most recent insider transaction that took place on Jan 31 ’25, was worth 755,625. In this transaction 10% Owner of this company bought 187,500 shares at a rate of $4.03, taking the stock ownership to the 1,942,500 shares. Before that another transaction happened on Feb 03 ’25, when Company’s 10% Owner bought 187,500 for $3.87, making the entire transaction worth $725,625. This insider now owns 2,130,000 shares in total.
ModivCare Inc (MODV) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -84.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -24.86% during the next five years compared to -49.24% drop over the previous five years of trading.
ModivCare Inc (NASDAQ: MODV) Trading Performance Indicators
ModivCare Inc (MODV) is currently performing well based on its current performance indicators. A quick ratio of 0.78 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.87, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 1.95 in one year’s time.
Technical Analysis of ModivCare Inc (MODV)
ModivCare Inc (NASDAQ: MODV) saw its 5-day average volume 0.72 million, a negative change from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 5.21%. Additionally, its Average True Range was 0.91.
During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 0.72%, which indicates a significant decrease from 4.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.56% in the past 14 days, which was lower than the 198.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.02, while its 200-day Moving Average is $19.75. Nevertheless, the first resistance level for the watch stands at $4.01 in the near term. At $4.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.36. If the price goes on to break the first support level at $3.65, it is likely to go to the next support level at $3.47. Assuming the price breaks the second support level, the third support level stands at $3.30.
ModivCare Inc (NASDAQ: MODV) Key Stats
Market capitalization of the company is 54.89 million based on 14,284K outstanding shares. Right now, sales total 2,751 M and income totals -204,460 K. The company made 702,040 K in profit during its latest quarter, and -26,600 K in sales during its previous quarter.
