NASDAQ:MODD

Modular Medical (MODD) Stock Price, News & Analysis

$1.53
-0.05 (-2.90%)
(As of 01:50 PM ET)
Today's Range
$1.51
$1.57
50-Day Range
$1.26
$2.06
52-Week Range
$0.84
$2.22
Volume
27,353 shs
Average Volume
187,778 shs
Market Capitalization
$33.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.25

Modular Medical MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
177.0% Upside
$4.25 Price Target
Short Interest
Healthy
0.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.76mentions of Modular Medical in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$990,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.72) to ($0.66) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.64 out of 5 stars

Medical Sector

336th out of 907 stocks

Surgical & Medical Instruments Industry

43rd out of 96 stocks

MODD stock logo

About Modular Medical Stock (NASDAQ:MODD)

Modular Medical, Inc. operates as a development stage medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for diabetes. The company was founded in 1998 and is headquartered in San Diego, California.

MODD Stock Price History

MODD Stock News Headlines

Modular Medical (NASDAQ:MODD) Trading Down 4.1%
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Best Mods For Content Warning
Weekend News Roundup March 16, 2024
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Modular Medical Announces Proposed Public Offering
Modular Medical Announces Issuance of New US Patent
Modular Medical Announces Collaboration with Glooko
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/25/2024
Next Earnings (Estimated)
6/24/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:MODD
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.25
High Stock Price Target
$5.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+172.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-13,880,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.46 per share

Miscellaneous

Free Float
14,817,000
Market Cap
$34.12 million
Optionable
Not Optionable
Beta
0.43
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MODD Stock Analysis - Frequently Asked Questions

Should I buy or sell Modular Medical stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Modular Medical in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MODD shares.
View MODD analyst ratings
or view top-rated stocks.

What is Modular Medical's stock price target for 2024?

2 analysts have issued 1-year price objectives for Modular Medical's shares. Their MODD share price targets range from $3.50 to $5.00. On average, they expect the company's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 177.0% from the stock's current price.
View analysts price targets for MODD
or view top-rated stocks among Wall Street analysts.

How have MODD shares performed in 2024?

Modular Medical's stock was trading at $1.82 at the beginning of the year. Since then, MODD shares have decreased by 15.7% and is now trading at $1.5342.
View the best growth stocks for 2024 here
.

Are investors shorting Modular Medical?

Modular Medical saw a decrease in short interest in April. As of April 15th, there was short interest totaling 189,700 shares, a decrease of 17.3% from the March 31st total of 229,500 shares. Based on an average daily trading volume, of 200,800 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.7% of the shares of the company are sold short.
View Modular Medical's Short Interest
.

When is Modular Medical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 24th 2024.
View our MODD earnings forecast
.

How were Modular Medical's earnings last quarter?

Modular Medical, Inc. (NASDAQ:MODD) announced its earnings results on Tuesday, February, 13th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.06.

When did Modular Medical IPO?

Modular Medical (MODD) raised $15 million in an IPO on Thursday, February 10th 2022. The company issued 2,500,000 shares at a price of $6.00 per share. Oppenheimer & Co. acted as the underwriter for the IPO and The Benchmark Company and Lake Street were co-managers.

Who are Modular Medical's major shareholders?

Modular Medical's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Navigation Wealth Management Inc. (0.08%). Insiders that own company stock include Manchester Management Co Llc, Paul Diperna and Philip Brent Sheibley.
View institutional ownership trends
.

How do I buy shares of Modular Medical?

Shares of MODD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MODD) was last updated on 4/25/2024 by MarketBeat.com Staff

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