Alpha Modus (NASDAQ:AMOD) Sets New 52-Week Low – Here’s Why

Alpha Modus Holdings, Inc. (NASDAQ:AMOD)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $0.1313 and last traded at $5.7950, with a volume of 511130 shares traded. The stock had previously closed at $0.0033.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMOD. Wall Street Zen lowered 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 report on Friday, March 27th. Finally, Maxim Group started coverage on shares of Alpha Modus in a report on Wednesday, March 25th. They issued a “buy” rating and a $0.04 target price for the company. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $0.04.

Alpha Modus Price Performance

The firm’s 50-day moving average is $0.01 and its 200-day moving average is $0.01. The company has a market capitalization of $948.42 million, a P/E ratio of -16.65 and a beta of 0.51.

Alpha Modus (NASDAQ:AMOD) last announced its earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new position in shares of Alpha Modus during the second quarter worth $25,000. Polar Asset Management Partners Inc. bought a new position in shares of Alpha Modus during the fourth quarter worth $62,000. Millennium Management LLC bought a new position in shares of Alpha Modus during the third quarter worth $118,000. Finally, Geode Capital Management LLC boosted its position in shares of Alpha Modus by 12.6% during the fourth 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 during the last quarter. 15.94% of the stock is owned by hedge funds and other institutional investors.

About Alpha Modus

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