Alpha Modus (NASDAQ:AMOD) Announces Earnings Results

Alpha Modus (NASDAQ:AMOD) posted its earnings results on Friday. The company reported ($1.02) EPS for the quarter, Zacks reports.

Alpha Modus Price Performance

Shares of AMOD stock traded down $0.12 on Friday, hitting $4.45. The company’s stock had a trading volume of 9,570 shares, compared to its average volume of 45,455. The stock has a market capitalization of $18.31 million, a price-to-earnings ratio of -0.32 and a beta of 0.59. Alpha Modus has a fifty-two week low of $3.40 and a fifty-two week high of $55.46. The firm’s fifty day moving average price is $4.48 and its 200-day moving average price is $12.92.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Alpha Modus has a consensus rating of “Hold” and an average price target of $60.00.

Institutional Investors Weigh In On Alpha Modus

Several hedge funds have recently modified their holdings of the business. Geode Capital Management LLC increased its stake in shares of Alpha Modus by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock valued at $157,000 after acquiring an additional 38,131 shares during the last quarter. Millennium Management LLC acquired a new position in Alpha Modus during the third quarter valued at approximately $118,000. Polar Asset Management Partners Inc. bought a new stake in Alpha Modus in the fourth quarter valued at approximately $62,000. Finally, XTX Topco Ltd acquired a new stake in Alpha Modus in the second quarter worth $25,000. 15.94% of the stock is owned by institutional investors.

Alpha Modus Company Profile

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.