ModivCare Inc (MODV) concluded trading on Thursday at a closing price of $12.76, with 3.58 million shares of worth about $45.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -56.50% during that period and on September 12, 2024 the price saw a loss of about -59.09%. Currently the company’s common shares owned by public are about 14.20M shares, out of which, 13.99M shares are available for trading.
Stock saw a price change of -59.34% in past 5 days and over the past one month there was a price change of -49.28%. Year-to-date (YTD), MODV shares are showing a performance of -70.99% which decreased to -55.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.44 but also hit the highest price of $52.33 during that period. The average intraday trading volume for ModivCare Inc shares is 133.98K. The stock is currently trading -54.57% below its 20-day simple moving average (SMA20), while that difference is down -49.92% for SMA50 and it goes to -58.43% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ModivCare Inc (NASDAQ: MODV) currently have 14.20M outstanding shares and institutions hold larger chunk of about 106.10% of that.
The stock has a current market capitalization of $181.70M and its 3Y-monthly beta is at 0.52. It has posted earnings per share of -$11.31 in the same period. It has Quick Ratio of 0.79 while making debt-to-equity ratio of 127.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MODV, volatility over the week remained 27.90% while standing at 10.96% over the month.
Stock’s fiscal year EPS is expected to drop by -64.69% while it is estimated to increase by 129.33% in next year. EPS is likely to grow at an annualized rate of 6.99% for next 5-years, compared to annual growth of -49.24% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barrington Research on August 09, 2024 offering an Outperform rating for the stock and assigned a target price of $35 to it. Coverage by Lake Street stated ModivCare Inc (MODV) stock as a Buy in their note to investors on May 06, 2024, suggesting a price target of $50 for the stock. On February 23, 2024, Jefferies Downgrade their recommendations, while on February 23, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $40. Stock get an Overweight rating from Stephens on August 03, 2022.
