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MODD Overview

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0.000
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0.000(0.000%)Aft-market
ET
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0.000
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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
5.500
Open
4.495
VWAP
5.14
Vol
102.00K
Mkt Cap
25.21M
Low
4.495
Amount
523.75K
EV/EBITDA(TTM)
--
Total Shares
4.66M
EV
24.37M
EV/OCF(TTM)
--
P/S(TTM)
--
Modular Medical, Inc. is a development-stage medical device company. The Company is focused on the design, development, and commercialization of insulin pumps using technology to increase pump adoption in the diabetes marketplace. The Company's product seeks to serve both the type 1 and type 2 diabetes markets for those individuals requiring insulin. MODD1, its product, is a high-precision pump. MODD1's features include two parts - one reusable, one disposable - snap together to form the working system; one button interface; 90-day reusable, three-day disposable; disposable portion removable at any time from an adhesive-backed retainer, which remains in place, and no external controller required, no charging and no battery replacement. MODD1 comes with a variety of methods for the patient to wear the pump. Options include a baseplate with adhesive for attaching to the body that has features for holding the pump to the patient, and overwraps to hold the product to the patient.
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Events Timeline

(ET)
2026-04-09
09:20:00
Modular Medical Receives FDA 510(k) Clearance for Next-Gen Tubeless Insulin Pump
select
2026-03-03 (ET)
2026-03-03
09:40:00
Modular Medical Prices Public Offering of 68,098,000 Shares at $0.1762 Each
select
2026-02-04 (ET)
2026-02-04
09:00:00
Modular Medical Starts Production Validation Lots for Pivot Pump
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2025-12-09 (ET)
2025-12-09
17:20:00
Modular Medical Commences Underwritten Public Offering of Common Stock and Warrants
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2025-11-17 (ET)
2025-11-17
08:42:52
Modular Medical Secures IRB Approval for In-House Pivot Study
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News

Yahoo Finance
8.5
04-20Yahoo Finance
PinnedModular Medical Prices Direct Offering of 750,000 Shares
  • Offering Size: Modular Medical announced a direct offering of 750,000 shares at $4.50 per share, with gross proceeds estimated at approximately $3.4 million, which will provide crucial funding for the company's operations and R&D initiatives.
  • Underwriter Role: Maxim Group LLC is acting as the sole placement agent for this offering, ensuring professionalism and compliance throughout the process, thereby enhancing investor confidence in the company.
  • Registration Statement Background: The offering is conducted under a shelf registration statement on Form S-3 that became effective on May 22, 2025, indicating the company's compliance and transparency in the capital markets, which helps attract more investors.
  • Market Outlook: Modular Medical aims to launch next-generation insulin delivery technology, focusing on improving the medication experience for diabetes patients, which is expected to drive long-term growth for the company in the medical device market.
seekingalpha
8.5
04-20seekingalpha
Modular Medical Prices Direct Offering of 750K Shares
  • Offering Size: Modular Medical has priced a registered direct offering of 750,000 shares at $4.50 per share, which is expected to generate approximately $3.4 million in gross proceeds, providing crucial funding for the company's operations and R&D initiatives.
  • Transaction Timeline: The offering is anticipated to close on or about April 21, 2026, ensuring that the company can timely utilize the funds to drive future business development and market expansion.
  • Market Attention: Modular Medical has become a focal point for investors following Thursday's market close, indicating strong market interest in its financing activities, which may influence its stock price trajectory.
  • Financial Transparency: The disclosure of financial information related to this offering enhances investor confidence in Modular Medical's financial health, potentially attracting more investors for future financing rounds.
Newsfilter
2.0
04-09Newsfilter
Modular Medical Secures FDA Clearance for Next-Gen Insulin Pump, Targeting $3 Billion Market
  • FDA Clearance Milestone: Modular Medical's Pivot insulin pump has received FDA 510(k) clearance, marking a significant unlocking of commercial sales with initial customer shipments expected by Q2 2026, which notably reduces commercialization risks and opens a revenue growth pathway.
  • Innovative Design Advantage: The Pivot pump features a first-of-its-kind removable tubeless design with a 3 mL replaceable reservoir, requiring no battery recharging and suitable for showering and sports, aimed at addressing the complexity and high costs associated with traditional insulin pumps to enhance patient adoption.
  • Massive Market Potential: Approximately 70% of insulin-dependent adults remain on multiple daily injections, and the Pivot pump aims to attract this large
seekingalpha
8.5
03-26seekingalpha
Modular Medical Implements 1-for-30 Reverse Stock Split to Maintain Nasdaq Listing
  • Reverse Stock Split Plan: Modular Medical has announced a 1-for-30 reverse stock split effective March 31, 2026, aimed at raising its share price to meet Nasdaq's $1 minimum bid requirement, thereby ensuring continued listing eligibility.
  • Impact on Shares: Post-split, the company's outstanding shares will decrease from approximately 139.8 million to about 4.66 million, a significant reduction that is expected to enhance the per-share price and boost investor confidence in the stock.
  • Market Reaction Expectations: By implementing the reverse stock split, Modular Medical anticipates improving its market performance and attracting more investor interest, particularly in light of the Nasdaq listing requirements it faces.
  • Strategic Implications: This split is not only a regulatory compliance measure but may also create more favorable conditions for future financing and business expansion, thereby strengthening its competitive position in the medical device industry.
moomoo
8.0
03-13moomoo
MODULAR MEDICAL INC - WORKFORCE REDUCTION AFFECTS 20 JOBS, REPRESENTING 29% OF EMPLOYEES - SEC FILING
  • Modular Medical Reductions: The implementation of modular medical reductions is projected to impact 20 positions, which represents 29% of the workforce in the sector.
  • Workforce Implications: The reduction in positions highlights significant changes within the medical field, particularly affecting the staffing and operational capabilities of organizations.
Benzinga
9.5
02-20Benzinga
Comfort Systems Reports Strong Earnings Beat
  • Earnings Beat: Comfort Systems reported earnings of $9.37 per share, surpassing the analyst consensus estimate of $6.75, indicating a significant improvement in profitability and boosting investor confidence.
  • Sales Growth: The company achieved quarterly sales of $2.646 billion, exceeding the analyst consensus estimate of $2.337 billion, reflecting strong market demand and driving overall performance.
  • Positive Stock Reaction: Comfort Systems shares jumped 4.6% to $1,436.25 in pre-market trading, indicating a favorable market response to the earnings report, which may attract more investor interest.
  • Optimistic Market Outlook: The strong earnings data not only enhances the company's short-term stock price but also lays the groundwork for future growth, increasing market attractiveness for long-term investments in Comfort Systems.

Valuation Metrics

The current forward P/E ratio for Modular Medical Inc (MODD.O) is 0.00, compared to its 5-year average forward P/E of -2.86. For a more detailed relative valuation and DCF analysis to assess Modular Medical Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-2.86
Current PE
0.00
Overvalued PE
-1.42
Undervalued PE
-4.30

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
274.66
Current PS
7.02
Overvalued PS
712.50
Undervalued PS
-163.18

Financials

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Frequently Asked Questions

What is Modular Medical Inc (MODD) stock price today?

The current price of MODD is 5.41 USD — it has decreased -7.68

What is Modular Medical Inc (MODD)'s business?

Modular Medical, Inc. is a development-stage medical device company. The Company is focused on the design, development, and commercialization of insulin pumps using technology to increase pump adoption in the diabetes marketplace. The Company's product seeks to serve both the type 1 and type 2 diabetes markets for those individuals requiring insulin. MODD1, its product, is a high-precision pump. MODD1's features include two parts - one reusable, one disposable - snap together to form the working system; one button interface; 90-day reusable, three-day disposable; disposable portion removable at any time from an adhesive-backed retainer, which remains in place, and no external controller required, no charging and no battery replacement. MODD1 comes with a variety of methods for the patient to wear the pump. Options include a baseplate with adhesive for attaching to the body that has features for holding the pump to the patient, and overwraps to hold the product to the patient.

What is the price predicton of MODD Stock?

Wall Street analysts forecast MODD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MODD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Modular Medical Inc (MODD)'s revenue for the last quarter?

Modular Medical Inc revenue for the last quarter amounts to -7.24M USD, increased 49.24

What is Modular Medical Inc (MODD)'s earnings per share (EPS) for the last quarter?

Modular Medical Inc. EPS for the last quarter amounts to -8377000.00 USD, increased 80.62

How many employees does Modular Medical Inc (MODD). have?

Modular Medical Inc (MODD) has 54 emplpoyees as of April 21 2026.

What is Modular Medical Inc (MODD) market cap?

Today MODD has the market capitalization of 25.21M USD.