Positive News SentimentPositive NewsNASDAQ:MODD Modular Medical (MODD) Stock Price, News & Analysis → Big Tech is spending billions each month on Nvidia’s AI superproject (From Weiss Ratings) (Ad) Free MODD Stock Alerts $1.75 +0.09 (+5.42%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$1.57▼$1.8350-Day Range$1.50▼$1.8252-Week Range$0.84▼$2.22Volume92,689 shsAverage Volume144,242 shsMarket Capitalization$38.33 millionP/E RatioN/ADividend YieldN/APrice Target$4.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Modular Medical alerts: Email Address Modular Medical MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside142.9% Upside$4.25 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.93 out of 5 starsMedical Sector609th out of 913 stocksSurgical & Medical Instruments Industry72nd out of 100 stocks 3.5 Analyst's Opinion Consensus RatingModular Medical has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageModular Medical has only been the subject of 1 research reports in the past 90 days.Read more about Modular Medical's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.77% of the float of Modular Medical has been sold short.Short Interest Ratio / Days to CoverModular Medical has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Modular Medical has recently increased by 7.32%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldModular Medical does not currently pay a dividend.Dividend GrowthModular Medical does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MODD. Previous Next 3.3 News and Social Media Coverage News SentimentModular Medical has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.05 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Modular Medical this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Modular Medical insiders have not sold or bought any company stock.Percentage Held by Insiders32.34% of the stock of Modular Medical is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 27.47% of the stock of Modular Medical is held by institutions.Read more about Modular Medical's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Modular Medical is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Modular Medical is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioModular Medical has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Modular Medical's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia is now part of $3 Trillion Market Cap ClubA small handful of Nvidia’s partners could see their own stocks surge upwards. They’re virtually unknown right now, but that won’t be the case much longer.Click here to find out who they are today. 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.Read More MODD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MODD Stock News HeadlinesMay 22, 2024 | finance.yahoo.comPleasing Signs As A Number Of Insiders Buy Modular Medical StockMay 21, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical to Present at the Lytham Partners Spring 2024 Investor Conference on May 30May 21, 2024 | finance.yahoo.comModular Medical to Present at the Lytham Partners Spring 2024 Investor Conference on May 30May 18, 2024 | msn.comModular communicative leadless ICD found to be safe and exceeds performance expectationsMay 2, 2024 | msn.comModular software for scientific image reconstructionApril 19, 2024 | bizjournals.comSmall Business Week: Modular Solutions, Ltd educates clients about a superior way to buildApril 7, 2024 | newsweek.com7 Best Video Conferencing Software of April 2024April 7, 2024 | msn.comBest Mods For Content WarningMarch 26, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical Announces Steve Gemmell as New Vice President of EngineeringMarch 26, 2024 | finance.yahoo.comModular Medical Announces Steve Gemmell as New Vice President of EngineeringMarch 16, 2024 | msn.comWeekend News Roundup March 16, 2024February 25, 2024 | benzinga.comModular Medical Stock (NASDAQ:MODD) Earnings Dates and Earning CallsFebruary 21, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical Announces Closing of $10 Million Public OfferingFebruary 21, 2024 | finance.yahoo.comModular Medical Announces Closing of $10 Million Public OfferingFebruary 16, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical Announces Proposed Public OfferingFebruary 16, 2024 | seekingalpha.comModular Medical announces proposed underwritten public offeringFebruary 15, 2024 | finance.yahoo.comModular Medical Announces Pricing of $10 Million Public OfferingFebruary 15, 2024 | finance.yahoo.comModular Medical Announces Proposed Public OfferingFebruary 3, 2024 | msn.comStarfield Player Builds Incredible Charizard ShipFebruary 2, 2024 | msn.comModular Medical, Inc. (MODD) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?January 24, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical Announces Issuance of New US PatentJanuary 24, 2024 | finance.yahoo.comModular Medical Announces Issuance of New US PatentJanuary 19, 2024 | finanznachrichten.deModular Medical, Inc.: Modular Medical Announces 510(k) Submission of MODD1 Insulin PumpJanuary 19, 2024 | finance.yahoo.comModular Medical Announces 510(k) Submission of MODD1 Insulin PumpDecember 21, 2023 | finance.yahoo.comModular Medical Announces Collaboration with GlookoSee More Headlines Receive MODD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Modular Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today6/12/2024Next Earnings (Estimated)6/24/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:MODD CUSIPN/A CIK1074871 Webmodular-medical.com Phone(858) 800-3500FaxN/AEmployees37Year FoundedN/APrice Target and Rating Average Stock Price Target$4.25 High Stock Price Target$5.00 Low Stock Price Target$3.50 Potential Upside/Downside+158.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.97) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-13,880,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-235.93% Return on Assets-180.37% Debt Debt-to-Equity RatioN/A Current Ratio1.63 Quick Ratio1.63 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.46 per share Price / Book3.58Miscellaneous Outstanding Shares21,900,000Free Float14,817,000Market Cap$36.03 million OptionableNot Optionable Beta0.52 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Paul M. DiPerna (Age 65)Founder, Chairman, President, CFO & Treasurer Comp: $300kMr. James E. Besser (Age 48)Chief Executive Officer Mr. Kevin Schmid (Age 65)Chief Operating Officer Comp: $252.91kMarc GoldmanHead of EngineeringKey CompetitorsTELA BioNASDAQ:TELAQuipt Home MedicalNASDAQ:QIPTBrainsWayNASDAQ:BWAYSTRATA Skin SciencesNASDAQ:SSKNKORU Medical SystemsNASDAQ:KRMDView All CompetitorsInsiders & InstitutionsAWM Investment Company Inc.Bought 750,000 shares on 5/16/2024Ownership: 3.425%Navigation Wealth Management Inc.Bought 18,340 shares on 4/19/2024Ownership: 0.084%Manchester Management Co LlcBought 900,000 shares on 2/16/2024Total: $990,000.00 ($1.10/share)Philip Brent SheibleyBought 10,000 shares on 11/1/2023Total: $12,900.00 ($1.29/share)Manchester Management Co LlcBought 20,000 shares on 10/16/2023Total: $22,000.00 ($1.10/share)View All Insider TransactionsView All Institutional Transactions 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 equities research analysts have issued 12-month price targets for Modular Medical's shares. Their MODD share price targets range from $3.50 to $5.00. On average, they anticipate the company's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 142.9% 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 2024. Since then, MODD shares have decreased by 3.8% and is now trading at $1.75. View the best growth stocks for 2024 here. 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. When did Modular Medical IPO? Modular Medical (MODD) raised $15 million in an initial public offering (IPO) on Thursday, February 10th 2022. The company issued 2,500,000 shares at $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 number of institutional and retail investors. Top institutional shareholders include AWM Investment Company Inc. (3.42%) and 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. 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