Modular Medical Stock Price Rises 2.6%

The medical device company's shares traded higher on Wednesday amid declining trading volume.

Mar. 12, 2026 at 4:54am

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Shares of Modular Medical, Inc. (NASDAQ:MODD), a medical device company focused on insulin pumps, rose 2.6% on Wednesday. The stock traded as high as $0.2274 and closed at $0.2203, with trading volume declining 54% from the average daily volume.

Why it matters

Modular Medical's stock price movement is closely watched by investors as the company continues to develop and commercialize its insulin pump products for people with type-1 and type-2 diabetes. The stock's performance can signal market sentiment around the company's progress and future prospects.

The details

Modular Medical's stock price increase on Wednesday came despite one research analyst maintaining a 'sell' rating on the shares. The company reported a loss per share of $0.11 in its most recent quarterly earnings report.

  • Modular Medical's stock price rose on Wednesday, March 12, 2026.
  • The company reported quarterly earnings on Tuesday, February 17, 2026.

The players

Modular Medical, Inc.

A medical device company focused on the design, development, and commercialization of insulin pumps, including its MODD1 two-part patch pump for type-1 and type-2 diabetes. The company is headquartered in San Diego, California.

Weiss Ratings

A research firm that reaffirmed a 'sell (e+)' rating on Modular Medical's shares on Monday, December 29th.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Modular Medical's stock price movement reflects ongoing investor interest and scrutiny around the company's progress in developing and commercializing its insulin pump technology, which could have important implications for people living with diabetes.