ModivCare Inc (MODV) concluded trading on Thursday at a closing price of $1.31, with 20.52 million shares of worth about $26.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -92.64% during that period and on May 29, 2025 the price saw a gain of about 46.58%. Currently the company’s common shares owned by public are about 14.35M shares, out of which, 11.98M shares are available for trading.
Stock saw a price change of 47.36% in past 5 days and over the past one month there was a price change of 3.56%. Year-to-date (YTD), MODV shares are showing a performance of -88.94% which decreased to -95.25% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.87 but also hit the highest price of $32.82 during that period. The average intraday trading volume for ModivCare Inc shares is 479.82K. The stock is currently trading 16.75% above its 20-day simple moving average (SMA20), while that difference is up 0.98% for SMA50 and it goes to -87.70% lower than SMA200.
ModivCare Inc (NASDAQ: MODV) currently have 14.35M outstanding shares and institutions hold larger chunk of about 90.81% of that.
The stock has a current market capitalization of $18.81M and its 3Y-monthly beta is at 0.70. It has posted earnings per share of -$16.09 in the same period. It has Quick Ratio of 0.78. 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 19.65% while standing at 11.55% over the month.
Analysts are in expectations that ModivCare Inc (MODV) stock would likely to be making an EPS of -0.48 in the current quarter, while forecast for next quarter EPS is -0.26 and it is -0.41 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.99 which is -0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -522.42% while it is estimated to increase by 76.62% in next year. EPS is likely to grow at an annualized rate of 18.36% for next 5-years, compared to annual growth of -121.49% 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.
