How to buy Modular Medical stock

Modular Medical is a medical devices business based in the US. Modular Medical shares (MODD.US) are listed on the NASDAQ and all prices are listed in US dollars. Its last market close was $2.17 – a decrease of 2.69% over the previous day. Modular Medical employs 39 staff and has a market cap (total outstanding shares value) of $70.7 million.

How to buy shares in Modular Medical

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. MODD in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Go to site

Easy to use app

100 free trades signup offer
Easy-to-use platform
Low fees
Student and young investor discounts

Go to site

Low margin rates

Access to international stock exchanges
Low margin rates
Powerful research tools

Go to site

CA & US trading

6% cash rebate plus $2,200 in trading perks
Low transaction fees
Easy-to-use app

Our selection of top picks is based on the same criteria as our annual Stock Trading Platform Awards. This is updated yearly to reflect changes in the market.

"Best for" picks are those we've evaluated to be best for specific product features or categories – you can read our full methodology here. If we show a "Promoted" pick, it's been chosen from among our commercial partners and is based on factors that include special features or offers, and the commission we receive.

This isn't an exhaustive list of all the trading platforms out there. What's best for you depends on your own investing strategy, budget and financial goals.

Is it a good time to buy Modular Medical stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Modular Medical's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of MODD stock over time.

Historical closes compared with the last close of $2.17

1 week (2024-11-12)	0.93%
1 month (2024-10-19)	-6.87%
3 months (2024-08-19)	42.76%
6 months (2024-05-19)	37.34%
1 year (2023-11-19)	112.75%
2 years (2022-11-19)	-33.02%
3 years (2021-11-19)	-75.48%
5 years (2019-11-19)

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Modular Medical under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Modular Medical P/E ratio, PEG ratio and EBITDA.

P/E ratio
Modular Medical PEG ratio

Modular Medical's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Modular Medical's stocks trade at around 0x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Modular Medical's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give None. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Modular Medical's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Frequently asked questions

Modular Medical's shares were split on a 1:3 basis on 28 November 2021. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Modular Medical shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Modular Medical shares which in turn could have impacted Modular Medical's share price.
It's as easy to sell Modular Medical as it is to buy! Here's how to sell Modular Medical stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Modular Medical shares. Your investment platform will let you know when your shares are sold

Gross profit TTM	$0
Return on assets TTM	-94.77%
Return on equity TTM	-182.61%
Profit margin	0%
Book value	$0.25
Market capitalisation	$69.7 million

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.