Searching For Real Value In Market Debris At Modular Medical Inc (NASDAQ: MODD)

Jeremiah Abramson

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, MODD falls under the Healthcare sector while operating within the Medical Devices industry segment. The current market capitalization of Modular Medical Inc is $28.20M. A total of 3.21 million shares were traded on the day, compared to an average of 888.74K 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, MODD has a high of $2.37 and a low of $0.47.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MODD is Buy with a score of 0.00.

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