On Tuesday, Mannkind Corp (NASDAQ: MNKD) opened lower -1.70% from the last session, before settling in for the closing price of $4.12. Price fluctuations for MNKD have ranged from $3.17 to $5.75 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 55.42%. Company’s average yearly earnings per share was noted 427.50% at the time writing. With a float of $260.24 million, this company’s outstanding shares have now reached $270.03 million.
Let’s determine the extent of company efficiency that accounts for 414 employees.
Mannkind Corp (MNKD) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Mannkind Corp is 3.76%, while institutional ownership is 49.51%. The most recent insider transaction that took place on Dec 15 ’23, was worth 361,928. In this transaction Chief Executive Officer of this company sold 90,482 shares at a rate of $4.00, taking the stock ownership to the 2,148,665 shares. Before that another transaction happened on Dec 14 ’23, when Company’s Chief Executive Officer sold 110,000 for $4.00, making the entire transaction worth $440,000. This insider now owns 2,239,147 shares in total.
Mannkind Corp (MNKD) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 9.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 427.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.60% during the next five years compared to 40.58% growth over the previous five years of trading.
Mannkind Corp (NASDAQ: MNKD) Trading Performance Indicators
Check out the current performance indicators for Mannkind Corp (MNKD). In the past quarter, the stock posted a quick ratio of 3.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of Mannkind Corp (MNKD)
Looking closely at Mannkind Corp (NASDAQ: MNKD), its last 5-days average volume was 1.91 million, which is a drop from its year-to-date volume of 3.07 million. As of the previous 9 days, the stock’s Stochastic %D was 5.06%. Additionally, its Average True Range was 0.22.
During the past 100 days, Mannkind Corp’s (MNKD) raw stochastic average was set at 39.46%, which indicates a significant increase from 1.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.96% in the past 14 days, which was lower than the 61.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.22, while its 200-day Moving Average is $4.10. However, in the short run, Mannkind Corp’s stock first resistance to watch stands at $4.11. Second resistance stands at $4.16. The third major resistance level sits at $4.20. If the price goes on to break the first support level at $4.02, it is likely to go to the next support level at $3.98. Now, if the price goes above the second support level, the third support stands at $3.93.
Mannkind Corp (NASDAQ: MNKD) Key Stats
There are currently 270,679K shares outstanding in the company with a market cap of 1.10 billion. Presently, the company’s annual sales total 198,960 K according to its annual income of -11,940 K. Last quarter, the company’s sales amounted to 58,470 K and its income totaled 1,400 K.
