Modular Medical Stock Analysis
| MODD Stock | USD 0.44 0.02 4.35% |
Modular Medical holds a debt-to-equity ratio of 0.011. Modular Medical's financial risk is the risk to Modular Medical stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Modular Medical's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Modular Medical's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Modular Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Modular Medical's stakeholders.
For many companies, including Modular Medical, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Modular Medical, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Modular Medical's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Modular Medical's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Modular Medical is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Modular Medical to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Modular Medical is said to be less leveraged. If creditors hold a majority of Modular Medical's assets, the Company is said to be highly leveraged.
Modular Medical is undervalued with Real Value of 2.32 and Hype Value of 0.46. The main objective of Modular Medical stock analysis is to determine its intrinsic value, which is an estimate of what Modular Medical is worth, separate from its market price. There are two main types of Modular Medical's stock analysis: fundamental analysis and technical analysis.
The Modular Medical stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Modular Medical's ongoing operational relationships across important fundamental and technical indicators.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modular Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. Modular Stock Analysis Notes
About 26.0% of the company shares are owned by institutional investors. The book value of Modular Medical was now reported as 0.14. The company recorded a loss per share of 0.5. Modular Medical had not issued any dividends in recent years. The entity had 1:3 split on the 29th of November 2021. Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. Modular Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 25 people. To find out more about Modular Medical contact the company at 858 800 3500 or learn more at https://www.modularmedical.com.Modular Medical Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Modular Medical's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Modular Medical or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Modular Medical had very high historical volatility over the last 90 days | |
| Modular Medical has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (18.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Modular Medical currently holds about 13.7 M in cash with (15.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Modular Medical has a frail financial position based on the latest SEC disclosures |
Modular Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.42 M.Technical Drivers
As of the 4th of February, Modular Medical secures the Downside Deviation of 7.49, risk adjusted performance of 0.0092, and Mean Deviation of 4.56. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Modular Medical, as well as the relationship between them. Please verify Modular Medical coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Modular Medical is priced some-what accurately, providing market reflects its recent price of 0.44 per share. As Modular Medical is a penny stock we also strongly advise to check its total risk alpha numbers.Modular Medical Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Modular Medical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Modular Medical. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Modular Medical Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Modular Medical insiders, such as employees or executives, is commonly permitted as long as it does not rely on Modular Medical's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Modular Medical insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Modular Medical Outstanding Bonds
Modular Medical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Modular Medical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Modular bonds can be classified according to their maturity, which is the date when Modular Medical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Modular Medical Predictive Daily Indicators
Modular Medical intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Modular Medical stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 33296.43 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 0.45 | |||
| Day Typical Price | 0.45 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 48.66 |
Modular Medical Forecast Models
Modular Medical's time-series forecasting models are one of many Modular Medical's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Modular Medical's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Modular Medical Bond Ratings
Modular Medical financial ratings play a critical role in determining how much Modular Medical have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Modular Medical's borrowing costs.| Piotroski F Score | 2 | Frail | View |
| Beneish M Score | (5.24) | Unlikely Manipulator | View |
Modular Medical Debt to Cash Allocation
Many companies such as Modular Medical, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Modular Medical currently holds 816 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Modular Medical has a current ratio of 13.81, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Modular Medical's use of debt, we should always consider it together with its cash and equity.Modular Medical Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Modular Medical's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Modular Medical, which in turn will lower the firm's financial flexibility.Modular Medical Corporate Bonds Issued
Most Modular bonds can be classified according to their maturity, which is the date when Modular Medical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About Modular Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Modular Medical prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Modular shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Modular Medical. By using and applying Modular Stock analysis, traders can create a robust methodology for identifying Modular entry and exit points for their positions.
Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. Modular Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 25 people.
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When running Modular Medical's price analysis, check to measure Modular Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
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