MannKind Corporation [NASDAQ: MNKD] dipped by -0.69% on the last trading session, reaching $1.43 price per share at the time. MannKind Corporation represents 181.87M in outstanding shares, while the company has a total market value of $260.07M with the latest information.
The MannKind Corporation traded at the price of $1.43 with 4.71 million shares were bought and sold during the latest trading session. Over the period of the last 3 months, the average trading volume of MNKD shares recorded 2.20M.
MannKind Corporation [NASDAQ:MNKD]: Analyst Rating and Earnings
Its stock price has been found in the range of 0.94 to 2.34. This is compared to its latest closing price of $1.44.
Stay on the lookout for the next quarterly financial report – the company is expected to release the following results on Thu 7 Nov (In 56 Days).
Fundamental Analysis of MannKind Corporation [MNKD]
Now let’s turn to look at profitability: with a current Operating Margin for MannKind Corporation [MNKD] sitting at -291.01 and its Gross Margin at +26.49.
Similarly, its Total Debt to Total Assets stands at 103.37.
What about valuation? This company’s Enterprise Value to EBITDA is -3.32. The Enterprise Value to Sales for this firm is now 4.97, and its Total Debt to Enterprise Value stands at 0.58.
Shifting the focus to workforce efficiency, MannKind Corporation [MNKD] earns $123,818 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 8.19 and its Total Asset Turnover is 0.29. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.04 and its Current Ratio is 1.09. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
MannKind Corporation [MNKD] has 181.87M shares outstanding, amounting to a total market cap of $260.07M. Its stock price has been found in the range of 0.94 to 2.34. At its current price, it has moved down by -38.89% from its 52-week high, and it has moved up 52.13% from its 52-week low.
This stock’s Beta value is currently 2.32, which indicates that it is 10.07% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 74.22. This RSI suggests that MannKind Corporation is currently Overbought.
Conclusion: Is MannKind Corporation [MNKD] a Reliable Buy?
Shares of MannKind Corporation [MNKD], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.