Is Modular Medical Inc (NASDAQ: MODD) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

MODD belongs to the Healthcare sector of the NASDAQ while operating in the Medical Devices industry. The current market capitalization of Modular Medical Inc is $41.33M. A total of 1.22 million shares were traded on the day, compared to an average of 438.48K shares.

In the most recent transaction, MANCHESTER MANAGEMENT CO LLC bought 520,832 shares of MODD for 1.92 per share on Mar 20 ’25. After the transaction, the Chief Executive Officer now owns 3,805,575 company shares. In a previous transaction on Mar 20 ’25, MANCHESTER MANAGEMENT CO LLC bought 156,250 shares at 1.92 per share. MODD shares that Chief Executive Officer owns now total 422,000.

Among the insiders who bought shares, MANCHESTER MANAGEMENT CO LLC acquired of 21,000 shares on Dec 03 ’24 at a per-share price of $1.68. This resulted in the Director by Deputization holding 265,750 shares of MODD after the transaction. In another insider transaction, MANCHESTER MANAGEMENT CO LLC bought 100,000 shares at $1.69 per share on Nov 27 ’24. Company shares held by the Director by Deputization now total 244,750.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MODD has a high of $2.50 and a low of $0.63.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MODD’s latest balance sheet shows that the firm has $9.08M in Cash & Short Term Investments as of fiscal 2022. There were $184.81k in debt and $969.70k in liabilities at the time. Its Book Value Per Share was $0.21, while its Total Shareholder’s Equity was $8.84M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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