Modular Medical (NASDAQ:MODD – Get Free Report) announced its earnings results on Friday. The company reported ($0.14) earnings per share for the quarter, Zacks reports.
Modular Medical Price Performance
Shares of MODD stock traded up $0.05 on Friday, reaching $0.53. 600,683 shares of the company were exchanged, compared to its average volume of 1,624,637. Modular Medical has a one year low of $0.46 and a one year high of $2.20. The company has a market cap of $29.48 million, a price-to-earnings ratio of -1.05 and a beta of 0.14. The company has a 50-day moving average of $0.62 and a 200-day moving average of $0.73.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Modular Medical in a report on Tuesday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
About Modular Medical
Modular Medical, Inc operates as a medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California.
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