Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Mannkind Corp (NASDAQ: MNKD) was $7.02 for the day, up 0.86% from the previous closing price of $6.96. In other words, the price has increased by $0.86 from its previous closing price. On the day, 3.43 million shares were traded. MNKD stock price reached its highest trading level at $7.44 during the session, while it also had its lowest trading level at $6.92.
Ratios:
Our analysis of MNKD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.83. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.54.
On June 13, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $8.
On October 10, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $10.Wedbush initiated its Outperform rating on October 10, 2023, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 06 ’24 when Tross Stuart A sold 55,000 shares for $7.34 per share. The transaction valued at 403,700 led to the insider holds 967,191 shares of the business.
STUART A TROSS bought 55,000 shares of MNKD for $403,700 on Nov 06 ’24. On Sep 03 ’24, another insider, Tross Stuart A, who serves as the Chief People & Workpl Officer of the company, sold 25,000 shares for $6.26 each. As a result, the insider received 156,500 and left with 1,022,191 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNKD now has a Market Capitalization of 1935961472 and an Enterprise Value of 2025184384. As of this moment, Mannkind’s Price-to-Earnings (P/E) ratio for their current fiscal year is 99.86, and their Forward P/E ratio for the next fiscal year is 33.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.25. Its current Enterprise Value per Revenue stands at 7.579 whereas that against EBITDA is 31.799.
Stock Price History:
Over the past 52 weeks, MNKD has reached a high of $7.63, while it has fallen to a 52-week low of $3.17. The 50-Day Moving Average of the stock is 6.06%, while the 200-Day Moving Average is calculated to be 34.64%.
Shares Statistics:
MNKD traded an average of 2.43M shares per day over the past three months and 3138800 shares per day over the past ten days. A total of 270.03M shares are outstanding, with a floating share count of 267.18M. Insiders hold about 3.12% of the company’s shares, while institutions hold 53.19% stake in the company. Shares short for MNKD as of 1730332800 were 42865752 with a Short Ratio of 17.67, compared to 1727654400 on 42475627. Therefore, it implies a Short% of Shares Outstanding of 42865752 and a Short% of Float of 15.740000000000002.
