Mannkind Corp (MNKD) concluded trading on Thursday at a closing price of $5.23, with 4.11 million shares of worth about $21.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.79% during that period and on February 27, 2025 the price saw a loss of about -4.39%. Currently the company’s common shares owned by public are about 275.78M shares, out of which, 267.76M shares are available for trading.
Stock saw a price change of -7.60% in past 5 days and over the past one month there was a price change of -14.40%. Year-to-date (YTD), MNKD shares are showing a performance of -18.66% which increased to 46.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.57 but also hit the highest price of $7.63 during that period. The average intraday trading volume for Mannkind Corp shares is 2.35 million. The stock is currently trading -6.59% below its 20-day simple moving average (SMA20), while that difference is down -13.11% for SMA50 and it goes to -11.47% lower than SMA200.
Mannkind Corp (NASDAQ: MNKD) currently have 275.78M outstanding shares and institutions hold larger chunk of about 61.07% of that.
The stock has a current market capitalization of $1.44B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 74.40, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 1.62 and has Quick Ratio of 4.17. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MNKD, volatility over the week remained 5.60% while standing at 3.93% over the month.
Stock’s fiscal year EPS is expected to rise by 80.00% while it is estimated to increase by 42.59% in next year. EPS is likely to grow at an annualized rate of 45.81% for next 5-years, compared to annual growth of 40.58% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on February 10, 2025 offering an Outperform rating for the stock and assigned a target price of $11 to it. Coverage by Wells Fargo stated Mannkind Corp (MNKD) stock as an Overweight in their note to investors on December 20, 2024, suggesting a price target of $9 for the stock. On December 19, 2024, RBC Capital Mkts Upgrade their recommendations, while on September 09, 2024, Leerink Partners Resumed their ratings for the stock with a price target of $8. Stock get a Buy rating from Rodman & Renshaw on June 13, 2024.
