Modular Medical Inc’s recent filing unveils that its Director Sheibley Philip Brent acquired Company’s shares for reported $25350.0 on Aug 19 ’24. In the deal valued at $1.69 per share,15,000 shares were bought. As a result of this transaction, Sheibley Philip Brent now holds 66,139 shares worth roughly $0.15 million.
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Then, MANCHESTER MANAGEMENT CO LLC bought 900,000 shares, generating $990,000 in total proceeds. Upon buying the shares at $1.10, the Director by Deputization now owns 3,118,227 shares.
Before that, Sheibley Philip Brent bought 10,000 shares. Modular Medical Inc shares valued at $12,900 were divested by the Director at a price of $1.29 per share. As a result of the transaction, Sheibley Philip Brent now holds 46,139 shares, worth roughly $0.11 million.
Price Performance Review of MODD
On Friday, Modular Medical Inc [NASDAQ:MODD] saw its stock jump 1.77% to $2.30. Over the last five days, the stock has lost -1.29%. Modular Medical Inc shares have risen nearly 26.37% since the year began. Nevertheless, the stocks have risen 100.00% over the past one year. While a 52-week high of $2.65 was reached on 09/05/24, a 52-week low of $0.92 was recorded on 02/14/24. SMA at 50 days reached $1.78, while 200 days put it at $1.72.
Levels Of Support And Resistance For MODD Stock
The 24-hour chart illustrates a support level at 2.16, which if violated will result in even more drops to 2.02. On the upside, there is a resistance level at 2.38. A further resistance level may holdings at 2.45. The Relative Strength Index (RSI) on the 14-day chart is 68.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.24%. Stochastics %K at 56.99% indicates the stock is a holding.
How much short interest is there in Modular Medical Inc?
A steep rise in short interest was recorded in Modular Medical Inc stocks on 2024-08-30, dropping by 30826.0 shares to a total of 0.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.2 million shares. There was a decline of -17.96%, which implies that there is a negative sentiment for the stock.
