Mannkind Corp (NASDAQ: MNKD) on Tuesday, soared 3.94% from the previous trading day, before settling in for the closing price of $3.81. Within the past 52 weeks, MNKD’s price has moved between $3.38 and $7.63.
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The company achieved an average annual earnings per share of -8.75%. With a float of $297.97 million, this company’s outstanding shares have now reached $306.33 million.
Let’s look at the performance matrix of the company that is accounted for 407 employees. In terms of profitability, gross margin is 74.62%, operating margin of 26.09%, and the pretax margin is 11.17%.
Mannkind Corp (MNKD) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Mannkind Corp is 2.89%, while institutional ownership is 55.46%. The most recent insider transaction that took place on Jul 16 ’25, was worth 296,946. In this transaction Director of this company sold 75,367 shares at a rate of $3.94, taking the stock ownership to the 830,508 shares. Before that another transaction happened on Jul 16 ’25, when Company’s EVP Genl Counsel & Secretary sold 7,466 for $3.94, making the entire transaction worth $29,416. This insider now owns 841,719 shares in total.
Mannkind Corp (MNKD) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period topping the consensus outlook (set at 0.03) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.75% per share during the next fiscal year.
Mannkind Corp (NASDAQ: MNKD) Trading Performance Indicators
Mannkind Corp (MNKD) is currently performing well based on its current performance indicators. A quick ratio of 2.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.03. Likewise, its price to free cash flow for the trailing twelve months is 43.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of Mannkind Corp (MNKD)
Mannkind Corp (NASDAQ: MNKD) saw its 5-day average volume 2.67 million, a positive change from its year-to-date volume of 2.39 million. As of the previous 9 days, the stock’s Stochastic %D was 79.06%.
During the past 100 days, Mannkind Corp’s (MNKD) raw stochastic average was set at 33.29%, which indicates a significant decrease from 84.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.16 in the past 14 days, which was lower than the 0.17 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.80, while its 200-day Moving Average is $5.17. Nevertheless, the first resistance level for the watch stands at $4.03 in the near term. At $4.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.20. If the price goes on to break the first support level at $3.86, it is likely to go to the next support level at $3.75. The third support level lies at $3.69 if the price breaches the second support level.
Mannkind Corp (NASDAQ: MNKD) Key Stats
Market capitalization of the company is 1.22 billion based on 306,828K outstanding shares. Right now, sales total 285,500 K and income totals 27,590 K. The company made 76,530 K in profit during its latest quarter, and 670 K in sales during its previous quarter.
