Let’s look at the key reasons that are pushing ModivCare Inc (MODV) to new highs

On Tuesday, ModivCare Inc (NASDAQ: MODV) opened higher 4.94% from the last session, before settling in for the closing price of $1.32. Price fluctuations for MODV have ranged from $1.31 to $32.82 over the past 52 weeks.

Healthcare Sector giant saw their annual sales surged by 14.63% over the last five years. 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.

The firm has a total of 23675 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.55%, operating margin of 0.45%, and the pretax margin is -7.13%.

ModivCare Inc (MODV) Breakdown of a Key Holders of the stock

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 16.59%, 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) Recent Fiscal highlights

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)

Analysing the last 5-days average volume posted by the [ModivCare Inc, MODV], we can find that recorded value of 0.47 million was lower than the volume posted last year of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 4.03%. Additionally, its Average True Range was 0.40.

During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 0.79%, which indicates a significant decrease from 9.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.55% in the past 14 days, which was lower than the 158.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.8148, while its 200-day Moving Average is $15.3021. Now, the first resistance to watch is $1.4733. This is followed by the second major resistance level at $1.5667. The third major resistance level sits at $1.6833. If the price goes on to break the first support level at $1.2633, it is likely to go to the next support level at $1.1467. Now, if the price goes above the second support level, the third support stands at $1.0533.

ModivCare Inc (NASDAQ: MODV) Key Stats

There are currently 14,340K shares outstanding in the company with a market cap of 19.79 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.