Alpha Modus (NASDAQ:AMOD) Releases Earnings Results

Alpha Modus (NASDAQ:AMODGet Free Report) announced its earnings results on Friday. The company reported ($1.02) earnings per share for the quarter, Zacks reports.

Alpha Modus Price Performance

NASDAQ AMOD traded down $0.06 on Friday, hitting $4.50. The company had a trading volume of 13,626 shares, compared to its average volume of 45,455. Alpha Modus has a 12-month low of $3.40 and a 12-month high of $55.46. The company’s fifty day moving average price is $4.48 and its 200-day moving average price is $12.92. The company has a market capitalization of $18.54 million, a PE ratio of -0.32 and a beta of 0.59.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AMOD. XTX Topco Ltd purchased a new stake in shares of Alpha Modus in the second quarter valued at approximately $25,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Alpha Modus during the fourth quarter valued at approximately $62,000. Millennium Management LLC acquired a new position in shares of Alpha Modus in the 3rd quarter valued at about $118,000. Finally, Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 38,131 shares in the last quarter. 15.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Modus in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $60.00.

Check Out Our Latest Research Report on Alpha Modus

Alpha Modus Company Profile

(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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Earnings History for Alpha Modus (NASDAQ:AMOD)

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