Modular Medical Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 152/208 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as , with the highest price target at 8.00.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Modular Medical Inc's Score
Industry at a Glance
Industry Ranking
152 / 208
Overall Ranking
433 / 4582
Industry
Healthcare Equipment & Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
8.000
Target Price
+601.75%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Modular Medical Inc Highlights
StrengthsRisks
Modular Medical, Inc. is a development-stage medical device company. The Company is focused on the design, development, and commercialization of insulin pumps using technology to increase pump adoption in the diabetes marketplace. The Company's product seeks to serve both the type 1 and type 2 diabetes markets for those individuals requiring insulin. MODD1, its product, is a high-precision pump. MODD1's features include two parts - one reusable, one disposable - snap together to form the working system; one button interface; 90-day reusable, three-day disposable; disposable portion removable at any time from an adhesive-backed retainer, which remains in place, and no external controller required, no charging and no battery replacement. MODD1 comes with a variety of methods for the patient to wear the pump. Options include a baseplate with adhesive for attaching to the body that has features for holding the pump to the patient, and overwraps to hold the product to the patient.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PE is -0.67, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 21.56M shares, decreasing 0.62% quarter-over-quarter.
Modular Medical, Inc. is a development-stage medical device company. The Company is focused on the design, development, and commercialization of insulin pumps using technology to increase pump adoption in the diabetes marketplace. The Company's product seeks to serve both the type 1 and type 2 diabetes markets for those individuals requiring insulin. MODD1, its product, is a high-precision pump. MODD1's features include two parts - one reusable, one disposable - snap together to form the working system; one button interface; 90-day reusable, three-day disposable; disposable portion removable at any time from an adhesive-backed retainer, which remains in place, and no external controller required, no charging and no battery replacement. MODD1 comes with a variety of methods for the patient to wear the pump. Options include a baseplate with adhesive for attaching to the body that has features for holding the pump to the patient, and overwraps to hold the product to the patient.
Ticker SymbolMODD
CompanyModular Medical Inc
CEOBesser (James E)
Websitehttps://www.modularmedical.com/
FAQs
What is the current price of Modular Medical Inc (MODD)?
The current price of Modular Medical Inc (MODD) is 0.341.
What is the symbol of Modular Medical Inc?
The ticker symbol of Modular Medical Inc is MODD.
What is the 52-week high of Modular Medical Inc?
The 52-week high of Modular Medical Inc is 1.500.
What is the 52-week low of Modular Medical Inc?
The 52-week low of Modular Medical Inc is 0.280.
What is the market capitalization of Modular Medical Inc?
The market capitalization of Modular Medical Inc is 20.86M.
What is the net income of Modular Medical Inc?
The net income of Modular Medical Inc is -18.82M.
Is Modular Medical Inc (MODD) currently rated as Buy, Hold, or Sell?
According to analysts, Modular Medical Inc (MODD) has an overall rating of --, with a price target of 8.000.
What is the Earnings Per Share (EPS TTM) of Modular Medical Inc (MODD)?
The Earnings Per Share (EPS TTM) of Modular Medical Inc (MODD) is -0.506.