Acquisition by Sheibley Philip Brent of 2500 shares of Modular Medical subject to Rule 16b-3
MODD Stock | USD 1.39 0.04 2.80% |
About 54% of Modular Medical's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Modular Medical stock suggests that some investors are interested at this time. The current market sentiment, together with Modular Medical's historical and current headlines, can help investors time the market. In addition, many technical investors use Modular Medical stock news signals to limit their universe of possible portfolio assets.
Modular |
Filed transaction by Modular Medical Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Read at macroaxis.com
Cash Flow Correlation
Modular Medical's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Modular Medical's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.Click cells to compare fundamentals
Modular Medical Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Modular Medical can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Modular Medical Fundamental Analysis
We analyze Modular Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Modular Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Modular Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Modular Medical is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Modular Medical Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Modular Medical stock to make a market-neutral strategy. Peer analysis of Modular Medical could also be used in its relative valuation, which is a method of valuing Modular Medical by comparing valuation metrics with similar companies.
Peers
Modular Medical Related Equities
OM | Outset Medical | 9.01 | ||||
DOCS | Doximity | 4.80 | ||||
GH | Guardant Health | 1.73 | ||||
DH | Definitive Healthcare | 0.97 | ||||
LH | Laboratory | 0.72 | ||||
VEEV | Veeva Systems | 0.00 | ||||
CI | Cigna Corp | 0.00 | ||||
MD | Mednax | 1.12 |
Complementary Tools for Modular Stock analysis
When running Modular Medical's price analysis, check to measure Modular Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |