Modular Medical Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 140 out of 205 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 weak stock 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.
Media Coverage
The current financial score of Modular Medical Inc is 6.96, ranking 119 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is low.
Key Metrics
The current valuation score of Modular Medical Inc is 8.20, ranking 39 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -0.86, which is -28.13% below the recent high of -0.62 and -311.65% above the recent low of -3.56.
No earnings forecast score is currently available for Modular Medical Inc. The Healthcare Equipment & Supplies industry's average is 7.77. The average price target is 8.00, with a high of 8.00 and a low of 8.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Modular Medical Inc is 6.12, ranking 163 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 0.50 and the support level at 0.40, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Modular Medical Inc is 3.00, ranking 134 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 26.11%, representing a quarter-over-quarter decrease of 33.07%. The largest institutional shareholder is The Vanguard, holding a total of 1.59M shares, representing 2.05% of shares outstanding, with 44.58% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for Modular Medical Inc. The Healthcare Equipment & Supplies industry's average is 4.76. The company's beta value is -0.19. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
