A new trading day began on Monday, with ModivCare Inc (NASDAQ: MODV) stock price up 4.63%% from the previous day of trading, before settling in for the closing price of $3.24. MODV’s price has ranged from $0.87 to $32.82 over the past 52 weeks.
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A company in the Healthcare sector has dropped its sales by -121.49% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -631.46%. With a float of $11.98 million, this company’s outstanding shares have now reached $14.35 million.
In an organization with 23675 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.15%, operating margin of -3.41%, and the pretax margin is -7.98%.
ModivCare Inc (MODV) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of ModivCare Inc is 16.55%, while institutional ownership is 90.86%. 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 -631.46% 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
Here are ModivCare Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.09, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -1.02 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 1.07 million. That was inferior than the volume of 2.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.88%.
During the past 100 days, ModivCare Inc’s (MODV) raw stochastic average was set at 46.96%, which indicates a significant decrease from 58.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 295.45% in the past 14 days, which was higher than the 218.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.77, while its 200-day Moving Average is $8.78. However, in the short run, ModivCare Inc’s stock first resistance to watch stands at $3.58. Second resistance stands at $3.78. The third major resistance level sits at $4.00. If the price goes on to break the first support level at $3.16, it is likely to go to the next support level at $2.94. Assuming the price breaks the second support level, the third support level stands at $2.74.
ModivCare Inc (NASDAQ: MODV) Key Stats
With a market capitalization of 48.66 million, the company has a total of 14,354K Shares Outstanding. Currently, annual sales are 2,788 M while annual income is -201,280 K. The company’s previous quarter sales were 650,650 K while its latest quarter income was -50,380 K.
