Alpha Modus (NASDAQ:AMOD) Reaches New 52-Week Low – Time to Sell?

Alpha Modus Holdings, Inc. (NASDAQ:AMOD)’s stock price hit a new 52-week low during mid-day trading on Monday . The company 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.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMOD. Wall Street Zen lowered Alpha Modus from a “hold” rating to a “sell” rating in a research note on Monday, March 16th. Maxim Group began coverage on Alpha Modus in a research note on Wednesday, March 25th. They set a “buy” rating and a $60.00 price objective on the stock. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Modus in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $60.00.

Alpha Modus Price Performance

The stock has a 50 day simple moving average of $10.36 and a two-hundred day simple moving average of $19.55. The company has a market cap of $21.09 million, a price-to-earnings ratio of -14.63 and a beta of 0.51.

Alpha Modus (NASDAQ:AMOD) last released its quarterly earnings data on Thursday, May 14th. The company reported ($128.00) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($126.40).

Hedge Funds Weigh In On Alpha Modus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Polar Asset Management Partners Inc. acquired a new position in shares of Alpha Modus in the 4th quarter valued at $62,000. Millennium Management LLC acquired a new position in shares of Alpha Modus in the 3rd quarter valued at $118,000. Geode Capital Management LLC lifted its stake 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 valued at $157,000 after purchasing an additional 38,131 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Alpha Modus in the 2nd quarter valued at $25,000. Institutional investors and hedge funds own 15.94% of the company’s stock.

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.