Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ModivCare Inc. before investing.
In this article, we go over a few key elements for understanding ModivCare Inc.’s stock price such as:
- ModivCare Inc.’s current stock price and volume
- Why ModivCare Inc.’s stock price changed recently
- Upgrades and downgrades for MODV from analysts
- MODV’s stock price momentum as measured by its relative strength
About ModivCare Inc. (MODV)
Before we jump into ModivCare Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The company offers risk underwriting, contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. It also provides in-home personal care services, such as bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults. In addition, the company offers remote patient monitoring solutions, including personal emergency response systems, vitals monitoring, medication management, and data-driven patient engagement solutions. It serves federal, state, and local government agencies, MCOs, commercial insurers, private individuals, and health systems. The company was formerly known as The Providence Service Corporation and changed its name to ModivCare Inc. in January 2021. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado.
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ModivCare Inc.’s Stock Price as of Market Close
As of February 07, 2025, 4:00 PM, CST, ModivCare Inc.’s stock price was $5.130.
ModivCare Inc. is up 18.75% from its previous closing price of $4.320.
During the last market session, ModivCare Inc.’s stock traded between $4.240 and $5.330. Currently, there are approximately 14.25 million shares outstanding for ModivCare Inc..
ModivCare Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.
ModivCare Inc. Stock Price History
ModivCare Inc.’s (MODV) price is currently up 28.25% so far this month.
During the month of February, ModivCare Inc.’s stock price has reached a high of $5.390 and a low of $3.637.
Over the last year, ModivCare Inc. has hit prices as high as $52.330 and as low as $3.637. Year to date, ModivCare Inc.’s stock is down 56.67%.
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What Caused ModivCare Inc. Stock’s Price to Rise?
Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?
When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 06, 2025, there were 5 analysts who downgraded ModivCare Inc.’s stock and 0 analysts who upgraded over the last month.
Additionally, you'll want to evaluate ModivCare Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ModivCare Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.
ModivCare Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.
Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.
Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ModivCare Inc. (MODV) by visiting AAII Stock Evaluator.
Relative Price Strength of ModivCare Inc.
Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.
For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.
As of February 06, 2025, ModivCare Inc. has a weighted four-quarter relative price strength of -48.00%, which translates to a Momentum Score of 1 and is considered to be Very Weak.
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ModivCare Inc. Stock Price: Bottom Line
As of February 7, 2025, ModivCare Inc.’s stock price is $5.130, which is up 18.75% from its previous closing price.
AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ModivCare Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.
Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.
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