Modular Medical Inc (NASDAQ:MODD) shares, rose in value on Wednesday, June 18, with the stock price up by 2.68% to the previous day’s close as strong demand from buyers drove the stock to $0.81.
Actively observing the price movement in the last trading, the stock closed the session at $0.79, falling within a range of $0.7836 and $0.8549. The value of beta (5-year monthly) was -4.886. Referring to stock’s 52-week performance, its high was $2.65, and the low was $0.68. On the whole, MODD has fluctuated by -17.76% over the past month.
With the market capitalization of Modular Medical Inc currently standing at about $43.72 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-13.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MODD’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of MODD currently trading nearly -3.09% and -10.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.56, while the 7-day volatility ratio is showing 2.98% which for the 30-day chart, stands at 4.59%. Furthermore, Modular Medical Inc (MODD)’s average true range (ATR) is 0.08.
A comparison of Modular Medical Inc (MODD) with its peers suggests the former has fared considerably weaker in the market. MODD showed an intraday change of 2.68% in last session, and over the past year, it shrunk by -50.85%%.
Data on historical trading for Modular Medical Inc (NASDAQ:MODD) indicates that the trading volumes over the past 10 days have averaged 83860.0 and over the past 3 months, they’ve averaged 117.26K. According to company’s latest data on outstanding shares, there are 54.25 million shares outstanding.
Nearly 9.24% of Modular Medical Inc’s shares belong to company insiders and institutional investors own 38.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.13 million shares as on 2025-05-30, resulting in a short ratio of 1.56. According to the data, the short interest in Modular Medical Inc (MODD) stood at 30.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.17 million. The stock has fallen by -41.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MODD stock heading into the next quarter.
