Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost 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 price of Mannkind Corp (NASDAQ: MNKD) closed at $5.07 in the last session, down -2.31% from day before closing price of $5.19. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 2.35 million shares were traded. MNKD stock price reached its highest trading level at $5.25 during the session, while it also had its lowest trading level at $5.025.
Ratios:
We take a closer look at MNKD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 77.63. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 4.07.
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, Rodman & Renshaw on June 13, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
On October 10, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $10.
On May 14, 2021, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $5.RBC Capital Mkts initiated its Sector Perform rating on May 14, 2021, with a $5 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 16 ’24 when Thomson David sold 3,115 shares for $5.93 per share. The transaction valued at 18,472 led to the insider holds 857,885 shares of the business.
Binder Steven B. sold 2,836 shares of MNKD for $16,817 on Jul 16 ’24. The EVP Special Projects now owns 1,100,860 shares after completing the transaction at $5.93 per share. On May 21 ’24, another insider, Binder Steven B., who serves as the EVP Special Projects of the company, sold 25,952 shares for $4.66 each. As a result, the insider received 120,936 and left with 1,114,553 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 1394224768 and an Enterprise Value of 1476225792. As of this moment, Mannkind’s Price-to-Earnings (P/E) ratio for their current fiscal year is 140.44, and their Forward P/E ratio for the next fiscal year is 23.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.61. Its current Enterprise Value per Revenue stands at 5.944 whereas that against EBITDA is 29.278.
Stock Price History:
Over the past 52 weeks, MNKD has reached a high of $6.04, while it has fallen to a 52-week low of $3.17. The 50-Day Moving Average of the stock is -3.51%, while the 200-Day Moving Average is calculated to be 17.64%.
Shares Statistics:
According to the various share statistics, MNKD traded on average about 2.50M shares per day over the past 3-months and 2751850 shares per day over the past 10 days. A total of 270.03M shares are outstanding, with a floating share count of 266.00M. Insiders hold about 3.27% of the company’s shares, while institutions hold 49.62% stake in the company. Shares short for MNKD as of 1722384000 were 38568019 with a Short Ratio of 15.45, compared to 1719532800 on 34282875. Therefore, it implies a Short% of Shares Outstanding of 38568019 and a Short% of Float of 14.2.
