Modular Medical Stock Today
| MODD Stock | USD 0.88 0.01 1.15% |
PerformanceVery Weak
| Odds Of DistressLow
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Modular Medical is trading at 0.88 as of the 19th of March 2025, a 1.15 percent increase since the beginning of the trading day. The stock's lowest day price was 0.86. Modular Medical has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 25th of January 2007 | Category Healthcare | Classification Health Care |
Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. Modular Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 40.67 M outstanding shares of which 296.98 K shares are now shorted by private and institutional investors with about 3.7 trading days to cover. More on Modular Medical
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Modular Stock Highlights
| President, Chairman | Paul DiPerna | |||||||||||||||
| Thematic Idea | Medical Equipment (View all Themes) | |||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) | |||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||
Financial Strength
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Debt LevelsModular Medical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Modular Medical's financial leverage. It provides some insight into what part of Modular Medical's total assets is financed by creditors.
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Modular Medical (MODD) is traded on NASDAQ Exchange in USA. It is located in 10740 Thornmint Road, San Diego, CA, United States, 92127 and employs 39 people. Modular Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.51 M. Modular Medical conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 40.67 M outstanding shares of which 296.98 K shares are now shorted by private and institutional investors with about 3.7 trading days to cover.
Modular Medical currently holds about 13.7 M in cash with (13.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationModular Medical maintains a total of 40.67 Million outstanding shares. 30% of Modular Medical outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Modular Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Stratos Wealth Advisors, Llc | 2024-12-31 | 163.3 K | |
| Blackrock Inc | 2024-12-31 | 143.8 K | |
| State Street Corp | 2024-12-31 | 100.1 K | |
| Perritt Capital Management Inc. | 2024-12-31 | 85 K | |
| Blair William & Co | 2024-12-31 | 67.6 K | |
| Citadel Advisors Llc | 2024-12-31 | 64.5 K | |
| Navigation Wealth Management, Inc. | 2024-12-31 | 61 K | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 60.5 K | |
| Bank Of America Corp | 2024-12-31 | 51.4 K | |
| Solas Capital Management Llc | 2024-12-31 | 2.5 M | |
| Bard Associates Inc | 2024-12-31 | 2.2 M |
Modular Medical Historical Income Statement
Modular Stock Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modular Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Modular Medical. If investors know Modular will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.