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.
In the latest session, Mannkind Corp (NASDAQ: MNKD) closed at $5.57 down -3.80% from its previous closing price of $5.79. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 2.66 million shares were traded. MNKD stock price reached its highest trading level at $5.67 during the session, while it also had its lowest trading level at $5.46.
Ratios:
For a deeper understanding of Mannkind Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.82. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on December 20, 2024, initiated with a Overweight rating and assigned the stock a target price of $9.
On December 19, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $7 to $10.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 22 ’24 when Binder Steven B. sold 67,536 shares for $6.89 per share. The transaction valued at 465,323 led to the insider holds 1,075,026 shares of the business.
STEVEN B BINDER bought 67,536 shares of MNKD for $465,397 on Nov 22 ’24. On Nov 15 ’24, another insider, Binder Steven B., who serves as the Director of the company, sold 67,539 shares for $6.76 each. As a result, the insider received 456,564 and left with 1,075,026 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 1536083456 and an Enterprise Value of 1625306752. As of this moment, Mannkind’s Price-to-Earnings (P/E) ratio for their current fiscal year is 79.23, and their Forward P/E ratio for the next fiscal year is 22.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.75. Its current Enterprise Value per Revenue stands at 6.083 whereas that against EBITDA is 25.52.
Stock Price History:
The Beta on a monthly basis for MNKD is 1.28, which has changed by 0.6734104 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. 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 -13.13%, while the 200-Day Moving Average is calculated to be -3.90%.
Shares Statistics:
For the past three months, MNKD has traded an average of 2.75M shares per day and 2094550 over the past ten days. A total of 275.78M shares are outstanding, with a floating share count of 267.28M. Insiders hold about 3.08% of the company’s shares, while institutions hold 55.92% stake in the company. Shares short for MNKD as of 1736899200 were 27607234 with a Short Ratio of 10.05, compared to 1734048000 on 41355505. Therefore, it implies a Short% of Shares Outstanding of 27607234 and a Short% of Float of 10.14.
