Alpha Modus (NASDAQ:AMOD) Issues Quarterly Earnings Results

Alpha Modus (NASDAQ:AMODGet Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.02) EPS for the quarter, FiscalAI reports.

Alpha Modus Stock Up 7.7%

Alpha Modus stock traded up $0.03 on Tuesday, hitting $0.37. The company’s stock had a trading volume of 271,661 shares, compared to its average volume of 414,869. The company has a fifty day moving average price of $0.61 and a 200-day moving average price of $0.78. The firm has a market cap of $15.43 million, a P/E ratio of -1.27 and a beta of 0.74. Alpha Modus has a one year low of $0.33 and a one year high of $2.60.

Institutional Investors Weigh In On Alpha Modus

Several large investors have recently modified their holdings of the stock. Polar Asset Management Partners Inc. acquired a new position in Alpha Modus in the fourth quarter valued at about $62,000. Millennium Management LLC bought a new position in shares of Alpha Modus in the third quarter valued at approximately $118,000. Geode Capital Management LLC boosted its holdings in shares of Alpha Modus by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after acquiring an additional 38,131 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Alpha Modus during the 2nd quarter worth approximately $25,000. 15.94% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of Alpha Modus from a “hold” rating to a “sell” rating in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a research report on Friday. Finally, Maxim Group assumed coverage on Alpha Modus in a research report on Wednesday, March 25th. They set a “buy” rating and a $1.50 target price on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Alpha Modus has an average rating of “Hold” and an average target price of $1.50.

View Our Latest Stock Report on Alpha Modus

About Alpha Modus

(Get Free Report)

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.

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