Modular Medical (NASDAQ:MODD – Get 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”.
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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