Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for ModivCare Inc (NASDAQ: MODV) improved of late. MODV’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
ModivCare Inc (NASDAQ: MODV) stock enjoyed a large increase of 2.2% on 12/20/24. The stock closed at $11.13. Moreover, exceptionally high trading volume at 228% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -35.5% during the last week.
Current PriceTarget Research Rating
ModivCare has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ModivCare has a very high Appreciation Score of 88 but a very low Power Rating of 1, and the Low Neutral Value Trend Rating results.
Be the first to comment