MODD Stock Price, Modular Medical, Inc. Quote, Chart

Market Summary

USD1.77+0.02

Delayed

1.14%

MODD Stock Price

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MODD RSI Chart

MODD Valuation

Market Cap

38.8M

Price/Earnings (Trailing)

-2.31

Price/Sales (Trailing)

1.1K

EV/EBITDA

-2.22

Price/Free Cashflow

-2.49

MODD Price/Sales (Trailing)

MODD Profitability

EBT Margin

-48270.67%

Return on Equity

-435.9%

Return on Assets

-270.37%

Free Cashflow Yield

-40.14%

MODD Fundamentals

MODD Revenue

Revenue (TTM)

28.7K

MODD Earnings

Earnings (TTM)

-16.8M

Earnings Growth (Yr)

-56.91%

Earnings Growth (Qtr)

-25.96%

Breaking Down MODD Revenue

Last 7 days

2.9%

Last 30 days

4.1%

Last 90 days

1.1%

How does MODD drawdown profile look like?

MODD Financial Health

Current Ratio

1.63

MODD Investor Care

Shares Dilution (1Y)

100.32%

Diluted EPS (TTM)

-1.07

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2020	28.7K	0	0	0
2019	260.4K	506.5K	0	0
2018	235.1K	239.6K	241.5K	312.0K
2017	17.8K	72.1K	126.4K	180.8K
2016	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Modular Medical, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 29, 2024	volkart carmen b	acquired	-	-	625	-
Mar 29, 2024	felsher steven g	acquired	-	-	750	-
Mar 29, 2024	sheibley philip brent	acquired	-	-	2,500	-
Mar 29, 2024	desisto duane m	acquired	-	-	2,500	-
Feb 16, 2024	manchester management co llc	bought	990,000	1.1	900,000	-
Dec 29, 2023	volkart carmen b	acquired	-	-	625	-
Dec 29, 2023	desisto duane m	acquired	-	-	2,500	-
Dec 29, 2023	felsher steven g	acquired	-	-	750	-
Dec 29, 2023	sheibley philip brent	acquired	-	-	2,500	-
Nov 01, 2023	sheibley philip brent	bought	12,900	1.29	10,000	-

Which funds bought or sold MODD recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	AWM Investment Company, Inc.	new	-	1,387,500	1,387,500	0.18%
May 15, 2024	Tower Research Capital LLC (TRC)	added	14.26	1,156	8,318	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-48.16	-19,626	21,865	-%
May 15, 2024	Royal Bank of Canada	unchanged	-	-	-	-%
May 15, 2024	CORSAIR CAPITAL MANAGEMENT, L.P.	new	-	962,451	962,451	0.27%
May 15, 2024	PERRITT CAPITAL MANAGEMENT INC	unchanged	-	2,550	157,250	0.09%
May 15, 2024	683 Capital Management, LLC	added	64.79	1,153,590	2,862,500	0.21%
May 15, 2024	TWO SIGMA SECURITIES, LLC	added	82.36	17,468	37,932	-%
May 15, 2024	Sio Capital Management, LLC	added	123	1,593,180	2,847,800	0.85%
May 15, 2024	Solas Capital Management, LLC	added	86.07	1,646,890	3,494,470	2.25%

Are Funds Buying or Selling MODD?

Are funds buying MODD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MODD

No. of Funds

Unveiling Modular Medical, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 01, 2024	683 capital management, llc	6.99%	2,211,099	SC 13G
Feb 21, 2024	manchester management co llc	13.0%	4,102,061	SC 13D/A
Feb 14, 2024	walleye capital llc	0.66%	139,690	SC 13G/A
Feb 14, 2024	sio capital management, llc	9.99%	2,110,260	SC 13G/A

Recent SEC filings of Modular Medical, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 18, 2024	S-8	Employee Benefits Plan
Apr 10, 2024	8-K	Current Report
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 04, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Modular Medical, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ABT	181.0B	40.3B	-1.75%	-4.07%	32.18	4.49	-2.84%	-3.08%
BDX	68.3B	19.7B	1.78%	-6.05%	51.24	3.46	4.82%	-17.56%
ALGN	20.4B	3.9B	-9.57%	-7.50%	44.2	5.22	5.72%	46.72%
BAX	18.0B	14.9B	-10.73%	-18.01%	6.79	1.21	2.98%	207.68%
MID-CAP
ATR	9.8B	3.5B	6.68%	24.08%	31.27	2.76	6.16%	35.06%
HSIC	9.6B	12.5B	6.31%	-2.51%	24.63	0.77	-0.61%	-18.83%
BIO	8.4B	2.6B	1.13%	-22.65%	-26.02	3.22	-6.25%	-68.62%
XRAY	5.9B	3.9B	-6.79%	-30.12%	-62.84	1.49	0.23%	91.03%
AXNX	3.4B	387.1M	0.52%	31.17%	-216.3	8.9	30.82%	65.57%
PDCO	2.3B	6.6B	0.19%	-5.50%	11.93	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	5.94%	-10.00%	-1.91	0.41	7.94%	-1661.78%
ANIK	376.6M	169.3M	-1.13%	-2.23%	-4.9	2.23	7.49%	-244.90%
ANGO	241.9M	324.0M	-4.58%	-37.15%	-1.26	0.75	-3.19%	-337.41%
APYX	56.1M	50.5M	22.73%	-73.49%	-2.46	1.11	14.25%	-10.06%
AEMD	1.0M	3.7M	-71.13%	32.26%	-0.09	0.28	5.77%	8.23%

Modular Medical, Inc. News

Latest updates

Modular Medical, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)												(In Thousands)
Description	(%) Q/Q	2020Q1	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2	2018Q1	2017Q4	2017Q3	2017Q2	2017Q1	2016Q4
Revenue	-100.0%	-	288	22.00	115	82.00	42.00	73.00	45.00	80.00	37.00	21.00	6.00
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses	68.4%	1,917	1,138	1,023	751	549	255	189	-	-	-	-	-
S&GA Expenses	90.5%	827	434	170	246	181	76.00	37.00	-	-	-	-	-
R&D Expenses	54.8%	1,089	704	874	505	368	136	76.00	-	-	-	-	-
Interest Expenses	79.2%	29.00	16.00	39.00	-10.85	5.00	6.00	-1.95	3.00	784*	237*	163*	185*
Income Taxes	-	2.00	-	2.00	-	-	-	-348.50*	800*	800*	1.00	-	-
Earnings Before Taxes	-70.7%	-1,915	-1,122	-1,005	-739	-543	-249	-183	-257	-175	-37.24	-7.50	-
Net Income	-70.9%	-1,917	-1,122	-1,006	-739	-543	-249	-183	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-38.4%	6,199	10,059	13,666	7,245	8,739	11,438	14,441	9,846	752	1,375	4,042	2,248	1,292	2,199	3,820	3,859	3,883	4,886	5,800	6,653	7,227
Current Assets	-63.8%	2,342	6,463	10,235	4,046	7,971	11,005	13,959	9,390	269	845	3,466	1,649	645	1,522	3,180	3,186	3,773	4,793	5,716	6,569	7,160
Cash Equivalents	-67.7%	2,047	6,330	9,952	3,799	7,691	10,841	13,697	9,076	204	798	3,381	1,468	597	1,487	3,141	3,122	3,718	4,776	5,707	6,554	7,138
Net PPE	15.2%	2,634	2,286	2,036	1,721	716	257	284	236	241	268	294	299	329	342	289	301	110	92.00	76.00	76.00	60.00
Liabilities	11.0%	2,354	2,121	2,110	2,169	715	695	991	1,010	8,998	6,476	5,624	3,523	1,292	1,292	1,353	980	275	331	253	179	63.00
Current Liabilities	29.4%	1,439	1,112	1,010	979	715	695	991	970	8,921	6,362	5,474	3,297	821	733	728	661	-	-	253	179	63.00
Shareholder's Equity	-51.6%	3,845	7,938	11,556	5,076	8,024	10,743	13,450	8,837	-	-	-	-	-	907	2,468	2,878	3,608	4,555	5,546	6,474	7,164
Retained Earnings	-9.3%	-61,648	-56,379	-52,196	-48,459	-44,887	-41,528	-38,078	-34,579	-30,005	-25,163	-20,782	-15,947	-14,174	-12,303	-10,443	-8,569	-6,651	-5,517	-4,370	-3,248	-2,241
Additional Paid-In Capital	1.8%	65,472	64,296	63,731	53,524	52,900	52,261	51,518	43,406	21,602	20,057	19,182	14,666	14,155	13,193	12,892	10,518	10,242	10,055	9,899	9,685	9,388
Shares Outstanding	-100.0%	-	21,124	21,095	-	12,274	12,263	11,588	10,462	6,374	6,328	18,972	6,302	6,249	6,157	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	22,757	-	-	-	14,862	-	-	-	1,135	-	-	-	951	694	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-21.0%	-3,965	-3,277	-3,207	-2,827	-2,658	-2,851	-2,675	-3,130	-2,344	-2,580	-2,204	-1,337	-1,541	-1,522	-1,507	-1,317	-1,029	-907	-840	-700	-530
Share Based Compensation	76.4%	995	564	484	603	640	742	739	1,292	1,222	862	656	287	295	301	345	264	187	156	194	166	191
Cashflow From Investing	-44.6%	-499	-345	-373	-1,064	-492	-5.00	-76.00	-31.98	-	-2.70	-20.08	-128*	-16.24	-80.37	-12.93	-202	-27.68	-23.88	-6.72	-22.07	-22.30
Cashflow From Financing	-	181	-	9,733	347*	-	-	7,372	12,035	1,750	-	4,137	2,210	667	-52.17	1,540	924	-	-	-	139	4,003

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MODD Income Statement

2023-12-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Operating expenses
Research and development	$ 3,619	$ 2,197	$ 9,204	$ 6,804
General and administrative	1,650	1,161	4,006	3,502
Total operating expenses	5,269	3,358	13,210	10,306
Loss from operations	(5,269)	(3,358)	(13,210)	(10,306)
Other income			23
Loss before income taxes	(5,269)	(3,358)	(13,187)	(10,306)
Provision for income taxes			2	2
Net loss	$ (5,269)	$ (3,358)	$ (13,189)	$ (10,308)
Net loss per share
Basic net loss per share (in Dollars per share)	$ (0.23)	$ (0.27)	$ (0.64)	$ (0.86)
Shares used in computing net loss per share
Basic shares used in computing net loss per share (in Shares)	22,540	12,274	20,708	12,045

MODD Balance Sheet

2023-12-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 2,047	$ 3,799
Prepaid expenses and other	295	147
Security deposit		100
TOTAL CURRENT ASSETS	2,342	4,046
Property and equipment, net	2,634	1,721
Right of use asset, net	1,223	1,478
TOTAL NON-CURRENT ASSETS	3,857	3,199
TOTAL ASSETS	6,199	7,245
CURRENT LIABILITIES
Accounts payable	704	285
Accrued expenses	373	339
Short-term lease liabilities	362	355
TOTAL CURRENT LIABILITIES	1,439	979
LONG-TERM LIABILITIES
Long-term lease liabilities	915	1,190
TOTAL LIABILITIES	2,354	2,169
Commitments and Contingencies (Note 7)
STOCKHOLDERS’ EQUITY
Preferred Stock, $0.001 par value, 5,000 shares authorized, none issued and outstanding
Common Stock, $0.001 par value, 50,000 shares authorized; 21,299 and 10,949 shares issued and outstanding as of December 31, 2023 and March 31, 2023, respectively	21	11
Additional paid-in capital	65,472	53,524
Accumulated deficit	(61,648)	(48,459)
TOTAL STOCKHOLDERS’ EQUITY	3,845	5,076
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 6,199	$ 7,245

About Modular Medical, Inc.

Modular Medical, Inc. operates as a development stage medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for diabetes. The company was founded in 1998 and is headquartered in San Diego, California.

WEBSITE	https://modular-medical.com
INDUSTRY	Medical Instruments & Supplies
EMPLOYEES	37

Modular Medical, Inc. Frequently Asked Questions

What is the ticker symbol for Modular Medical, Inc.? What does MODD stand for in stocks?

MODD is the stock ticker symbol of Modular Medical, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Modular Medical, Inc. (MODD)?

As of Fri May 17 2024, market cap of Modular Medical, Inc. is 38.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MODD stock?

You can check MODD's fair value in chart for subscribers.

What is the fair value of MODD stock?

You can check MODD's fair value in chart for subscribers. The fair value of Modular Medical, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Modular Medical, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MODD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Modular Medical, Inc. a good stock to buy?

The fair value guage provides a quick view whether MODD is over valued or under valued. Whether Modular Medical, Inc. is cheap or expensive depends on the assumptions which impact Modular Medical, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MODD.

What is Modular Medical, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MODD's PE ratio (Price to Earnings) is -2.31 and Price to Sales (PS) ratio is 1.09 Thousand. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MODD PE ratio will change depending on the future growth rate expectations of investors.