Alpha Modus (NASDAQ:AMOD) Announces Earnings Results

Alpha Modus (NASDAQ:AMOD) posted its quarterly earnings results on Friday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports.

Alpha Modus Trading Up 2.1%

Alpha Modus stock traded up $0.02 during midday trading on Friday, hitting $0.99. 108,302 shares of the stock were exchanged, compared to its average volume of 2,117,104. The stock has a market capitalization of $41.54 million, a price-to-earnings ratio of -5.21 and a beta of 0.55. The stock’s 50-day simple moving average is $1.10 and its 200 day simple moving average is $1.17. Alpha Modus has a fifty-two week low of $0.86 and a fifty-two week high of $13.49.

Institutional Trading of Alpha Modus

An institutional investor recently bought a new position in Alpha Modus stock. XTX Topco Ltd acquired a new position in Alpha Modus Holdings, Inc. (NASDAQ:AMOD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,202 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned 0.05% of Alpha Modus as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 15.94% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on AMOD. Weiss Ratings reissued a “sell (d)” rating on shares of Alpha Modus in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Alpha Modus to a “hold” rating in a research note on Saturday, August 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

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.