Modular Medical (NASDAQ:MODD) Releases Quarterly Earnings Results

Modular Medical (NASDAQ:MODDGet Free Report) announced its quarterly earnings data on Friday. The company reported ($0.14) EPS for the quarter, Zacks reports.

Modular Medical Stock Up 11.2%

Shares of MODD traded up $0.05 during mid-day trading on Friday, reaching $0.53. The company’s stock had a trading volume of 600,683 shares, compared to its average volume of 1,624,637. 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 business has a fifty day moving average of $0.62 and a 200 day moving average of $0.74. Modular Medical has a 1 year low of $0.46 and a 1 year high of $2.20.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Modular Medical in a research report on Tuesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Modular Medical has an average rating of “Sell”.

Read Our Latest Analysis on Modular Medical

About Modular Medical

(Get Free Report)

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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Earnings History for Modular Medical (NASDAQ:MODD)

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