Alpha Modus (NASDAQ:AMOD) Stock Price Up 16.9% – What’s Next?

Alpha Modus Holdings, Inc. (NASDAQ:AMOD)’s stock price shot up 16.9% during mid-day trading on Thursday . The company traded as high as $0.87 and last traded at $0.7167. 8,813,857 shares changed hands during mid-day trading, an increase of 8,313% from the average session volume of 104,763 shares. The stock had previously closed at $0.6129.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Alpha Modus in a report on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Alpha Modus Stock Up 16.9%

The stock’s 50-day moving average price is $0.90 and its 200 day moving average price is $1.07. The company has a market cap of $30.07 million, a P/E ratio of -2.47 and a beta of 0.57.

Alpha Modus (NASDAQ:AMOD) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Alpha Modus

A hedge fund recently bought a new stake in Alpha Modus stock. XTX Topco Ltd acquired a new position in shares of Alpha Modus Holdings, Inc. (NASDAQ:AMOD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,202 shares of the company’s stock, valued at approximately $25,000. XTX Topco Ltd owned about 0.05% of Alpha Modus as of its most recent filing with the Securities and Exchange Commission. 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.