On Monday, ModivCare Inc (NASDAQ: MODV) opened lower -8.49% from the last session, before settling in for the closing price of $2.12. Price fluctuations for MODV have ranged from $2.07 to $32.82 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 14.63% annually for the last half of the decade. Company’s average yearly earnings per share was noted -128.54% at the time writing. With a float of $11.96 million, this company’s outstanding shares have now reached $14.32 million.
In an organization with 23675 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 34.55%, operating margin of 0.45%, and the pretax margin is -7.13%.
ModivCare Inc (MODV) Insider Updates
A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of ModivCare Inc is 16.62%, while institutional ownership is 101.46%. 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 -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -128.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.51% during the next five years compared to -121.49% drop over the previous five years of trading.
ModivCare Inc (NASDAQ: MODV) Trading Performance Indicators
Check out the current performance indicators for ModivCare Inc (MODV). In the past 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 0.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.15, a number that is poised to hit -0.40 in the next quarter and is forecasted to reach 0.62 in one year’s time.
Technical Analysis of ModivCare Inc (MODV)
Let’s dig in a bit further. During the last 5-days, its volume was 0.45 million. That was inferior than the volume of 0.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.24%. Additionally, its Average True Range was 0.50.
During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 0.17%, which indicates a significant decrease from 1.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.00% in the past 14 days, which was lower than the 157.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.43, while its 200-day Moving Average is $16.07. However, in the short run, ModivCare Inc’s stock first resistance to watch stands at $2.16. Second resistance stands at $2.38. The third major resistance level sits at $2.51. If the price goes on to break the first support level at $1.81, it is likely to go to the next support level at $1.69. Assuming the price breaks the second support level, the third support level stands at $1.47.
ModivCare Inc (NASDAQ: MODV) Key Stats
There are currently 14,340K shares outstanding in the company with a market cap of 27.82 million. Presently, the company’s annual sales total 2,788 M according to its annual income of -201,280 K. Last quarter, the company’s sales amounted to 702,800 K and its income totaled -23,490 K.
