Acquisition by Q Global Capital Management, L.p. of 1583 shares of ModivCare at 17.75 subject to Rule 16b-3

MODV Stock  USD 18.00  0.51  2.76%   
Slightly above 64% of all ModivCare's sophisticated investors are looking to take a long position. The analysis of overall sentiment of trading ModivCare stock suggests that some investors are interested at this time. ModivCare's investing sentiment can be driven by a variety of factors including economic data, ModivCare's earnings reports, geopolitical events, and overall market trends.
  
Filed transaction by ModivCare 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3(d)

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Acquisition of 1583 common stock, $0.001 par value per share at 17.75 of ModivCare by Q Global Capital Management, L.p. on 2nd of December 2024. This event was filed by ModivCare with SEC on 2024-12-02. Statement of changes in beneficial ownership - SEC Form 4

ModivCare Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards ModivCare 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.

ModivCare Fundamental Analysis

We analyze ModivCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ModivCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ModivCare 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.

Market Capitalization

Market Capitalization Comparative Analysis

ModivCare is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

ModivCare 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 ModivCare stock to make a market-neutral strategy. Peer analysis of ModivCare could also be used in its relative valuation, which is a method of valuing ModivCare by comparing valuation metrics with similar companies.

Peers

ModivCare Related Equities

CCMConcord Medical   6.62   
0%
100.0%
EHABEnhabit   1.78   
0%
26.0%
HCSGHealthcare Services   0.56   
0%
8.0%
EHCEncompass Health   0.06   
0%
1.0%
ENSGEnsign   0.48   
7.0%
0%
MDMednax   1.27   
19.0%
0%
NHCNational HealthCare   1.63   
24.0%
0%
PNTGPennant   1.81   
27.0%
0%
SEMSelect Medical   2.19   
33.0%
0%
INNVInnovAge Holding   2.65   
40.0%
0%
SGRYSurgery Partners   3.40   
51.0%
0%

Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare'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 ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.