Acquisition by Sheibley Philip Brent of 2500 shares of Modular Medical subject to Rule 16b-3
| MODD Stock | USD 1.30 0.01 0.78% |
About 63% of Modular Medical's investor base is looking to short. The analysis of overall sentiment of trading Modular Medical stock suggests that many investors are alarmed at this time. The current market sentiment, together with Modular Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Modular Medical stock news signals to limit their universe of possible portfolio assets.
Modular |
Filed transaction by Modular Medical Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Modular Medical Fundamental Analysis
We analyze Modular Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modular Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modular Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Modular Medical is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Modular Medical Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Modular Medical stock to make a market-neutral strategy. Peer analysis of Modular Medical could also be used in its relative valuation, which is a method of valuing Modular Medical by comparing valuation metrics with similar companies.
Peers
Modular Medical Related Equities
| NPCE | Neuropace | 4.78 | ||||
| SSKN | STRATA Skin | 2.75 | ||||
| SRDX | SurModics | 1.73 | ||||
| ELMD | Electromed | 0.57 | ||||
| KIDS | Orthopediatrics Corp | 0.18 | ||||
| IRIX | IRIDEX | 0.61 | ||||
| SGHT | Sight Sciences | 1.01 | ||||
| LIVN | LivaNova PLC | 1.37 | ||||
| TNON | Tenon Medical | 2.22 | ||||
| NXL | Nexalin Technology | 2.99 | ||||
| NVNO | EnVVeno Medical | 3.15 |
Complementary Tools for Modular Stock analysis
When running Modular Medical's price analysis, check to measure Modular Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
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