ModivCare Inc (NASDAQ: MODV) stock suffered a major decline of -47.5% on 1/10/25. The shares closed at $6.56. Moreover, trading volume in this decline was exceptionally high at 987% of normal. The stock has declined -44.6% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
ModivCare has a current Value Trend Rating of C (Low Neutral). 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 96 but a very low Power Rating of 0, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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