On Friday, ModivCare Inc (NASDAQ: MODV) opened higher 3.87% from the last session, before settling in for the closing price of $0.89. Price fluctuations for MODV have ranged from $0.88 to $32.82 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 14.63% over the past five years. Company’s average yearly earnings per share was noted -522.42% at the time writing. With a float of $11.98 million, this company’s outstanding shares have now reached $14.35 million.
Let’s look at the performance matrix of the company that is accounted for 23675 employees. In terms of profitability, gross margin is 9.63%, operating margin of 0.58%, and the pretax margin is -7.98%.
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 16.55%, while institutional ownership is 90.60%. 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
According to the Wall Street analysts, stocks earnings will be around -522.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.36% 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 0.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.09, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -0.52 in one year’s time.
Technical Analysis of ModivCare Inc (MODV)
ModivCare Inc (NASDAQ: MODV) saw its 5-day average volume 0.44 million, a negative change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 4.98%. Additionally, its Average True Range was 0.22.
During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 0.41%, which indicates a significant decrease from 7.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 131.56% in the past 14 days, which was lower than the 176.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5325, while its 200-day Moving Average is $11.4718. Nevertheless, the first resistance level for the watch stands at $1.0095 in the near term. At $1.0946, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1594. If the price goes on to break the first support level at $0.8596, it is likely to go to the next support level at $0.7948. Assuming the price breaks the second support level, the third support level stands at $0.7097.
ModivCare Inc (NASDAQ: MODV) Key Stats
There are currently 14,354K shares outstanding in the company with a market cap of 13.27 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 650,650 K and its income totaled -50,380 K.
