Modular Medical Inc (NASDAQ:MODD) price on Thursday, July 03, rose 4.31% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.73.
A look at the stock’s price movement, the close in the last trading session was $0.7, moving within a range at $0.672 and $0.77. The beta value (5-Year monthly) was -4.886. Turning to its 52-week performance, $2.65 and $0.63 were the 52-week high and 52-week low respectively. Overall, MODD moved -16.77% over the past month.
Modular Medical Inc’s market cap currently stands at around $39.61 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MODD is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
MODD’s current price about -5.51% and -16.68% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.64, while 7-day volatility ratio is 12.29% and 11.68% in the 30-day chart. Further, Modular Medical Inc (MODD) has a beta value of 0.
If we refocus on Modular Medical Inc (NASDAQ:MODD), historical trading data shows that trading volumes averaged 0.3 over the past 10 days and 134.80K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.71 million shares.
The 9.24% of Modular Medical Inc’s shares are in the hands of company insiders while institutional holders own 39.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 93305.0 on 2025-06-13, giving us a short ratio of 1.14. The data shows that as of 2025-06-13 short interest in Modular Medical Inc (MODD) stood at 21.0 of shares outstanding, with shares short falling to 0.14 million registered in 2025-05-15. Current price change has pushed the stock -51.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MODD stock continues to rise going into the next quarter.
