Alpha Modus (NASDAQ:AMOD – Get Free Report) issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.08) EPS for the quarter, Zacks reports.
Alpha Modus Stock Performance
Shares of AMOD stock opened at $0.13 on Monday. Alpha Modus has a 1-year low of $0.13 and a 1-year high of $2.60. The stock has a market cap of $21.96 million, a price-to-earnings ratio of -0.38 and a beta of 0.51. The stock has a 50-day moving average of $0.01 and a 200-day moving average of $0.01.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on AMOD. Maxim Group began coverage on Alpha Modus in a report on Wednesday, March 25th. They issued a “buy” rating and a $0.04 target price for the company. Wall Street Zen cut Alpha Modus from a “hold” rating to a “sell” rating in a report on Monday, March 16th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $0.04.
Institutional Trading of Alpha Modus
Several institutional investors have recently added to or reduced their stakes in the stock. Polar Asset Management Partners Inc. acquired a new stake in shares of Alpha Modus during the fourth quarter worth $62,000. Geode Capital Management LLC raised its stake in Alpha Modus by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock worth $157,000 after buying an additional 38,131 shares during the period. Millennium Management LLC bought a new position in Alpha Modus in the third quarter worth approximately $118,000. Finally, XTX Topco Ltd bought a new position in Alpha Modus in the second quarter worth approximately $25,000. 15.94% of the stock is currently owned by 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.
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