Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Mannkind Corp (NASDAQ: MNKD) closed at $5.06 down -3.07% from its previous closing price of $5.22. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 1.32 million shares were traded. MNKD stock price reached its highest trading level at $5.22 during the session, while it also had its lowest trading level at $5.05.
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 7.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.38. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.28.
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, Wedbush on February 10, 2025, initiated with a Outperform rating and assigned the stock a target price of $11.
On December 20, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $9.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on December 19, 2024, whereas the target price for the stock was revised 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 1584746496 and an Enterprise Value of 1486674176. As of this moment, Mannkind’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.30, and their Forward P/E ratio for the next fiscal year is 19.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.38. Its current Enterprise Value per Revenue stands at 5.207 whereas that against EBITDA is 19.548.
Stock Price History:
The Beta on a monthly basis for MNKD is 1.21, which has changed by 0.12742984 over the last 52 weeks, in comparison to a change of 0.10063088 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 $3.97. The 50-Day Moving Average of the stock is -8.61%, while the 200-Day Moving Average is calculated to be -15.11%.
Shares Statistics:
For the past three months, MNKD has traded an average of 2.10M shares per day and 1751350 over the past ten days. A total of 302.96M shares are outstanding, with a floating share count of 295.57M. Insiders hold about 2.64% of the company’s shares, while institutions hold 55.43% stake in the company. Shares short for MNKD as of 1741910400 were 28594799 with a Short Ratio of 13.58, compared to 1739491200 on 27744959. Therefore, it implies a Short% of Shares Outstanding of 28594799 and a Short% of Float of 9.53.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
