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ModivCare ( (MODV) ) has issued an update.
On August 21, 2025, ModivCare Inc. received a delisting notice from Nasdaq due to voluntary Chapter 11 bankruptcy proceedings initiated on August 20, 2025. The company also received a delinquency notice for failing to file its quarterly report on time. Nasdaq plans to suspend trading of ModivCare’s common stock on August 28, 2025, and the company does not intend to appeal the decision. ModivCare anticipates its stock will be quoted on the OTC Pink Market, although this is not guaranteed. Despite these challenges, ModivCare plans to continue its operations without interruption during the restructuring process, which is supported by a supermajority of its key stakeholders.
The most recent analyst rating on (MODV) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on ModivCare stock, see the MODV Stock Forecast page.
Spark’s Take on MODV Stock
According to Spark, TipRanks’ AI Analyst, MODV is a Neutral.
ModivCare’s overall stock score reflects significant financial and technical challenges. The negative financial performance and valuation metrics weigh heavily, despite positive strategic initiatives and recent Nasdaq compliance. The stock’s technical indicators suggest bearish momentum, further impacting the score.
To see Spark’s full report on MODV stock, click here.
More about ModivCare
Modivcare Inc. is a technology-enabled healthcare services company offering integrated supportive care solutions aimed at improving health outcomes. The company provides non-emergency medical transportation, personal care services, and in-home monitoring solutions, focusing on addressing social determinants of health for public and private payors.
Average Trading Volume: 4,848,817
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.29M
See more insights into MODV stock on TipRanks’ Stock Analysis page.