Hard Facts About MannKind Corp. (NASDAQ:MNKD)


MannKind Corp. (NASDAQ:MNKD) closed its last session at $3.21. The stock traded within a range of $2.97 and $3.41. The company operates in the Healthcare sector with a market capitalization of 361700. Trading volume for MannKind Corp. was 8.48 Million in its previous trading session. Currently, MannKind Corp. (NASDAQ:MNKD) has an average volume of 3.92 Million.

Company Profile

Mannkind Corporation is a biopharmaceutical company focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes, cancer, inflammatory and autoimmune diseases. The Company’s lead product, the Technosphere Insulin System, consists of the Company’s dry-powder Technosphere formulation of insulin and the Company’s MedTone inhaler through which the powder is inhaled into the deep lung.

Analyst Views

MannKind Corp. (NASDAQ:MNKD) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

MannKind Corp. (NASDAQ:MNKD) touched its 1-Year High price of $6.96 on 10/10/17 and its 1-Year Low price of $0.67 on 05/03/17.

EPS & Financials

MannKind Corp. (NASDAQ:MNKD) reported its EPS in the last quarter as $-0.31/Share lagging the analyst estimate of $-0.2/Share by a difference of $-0.11. This showed a surprise of -55% in the last quarter earnings.

For the current quarter, 1 analysts are projecting a mean EPS of $-0.29/share. According to their observations and findings, the stock could provide a high EPS of $-0.29/share and a low EPS of $-0.29/share.

Analysts believe that the company has the potential to earn average revenue of $2.61 Million for the current quarter. According to their predictions high & low revenue estimates are 3.22 Million and 2 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. MannKind Corp. (NASDAQ:MNKD) has a 20-Day average volume of 6.73 Million. According to today’s trading volume MannKind Corp. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.2 Percent and Institutional ownership of 14.3 Percent. The return on assets stands at -37.3%, Return on Equity currently is 14.3% and the Return on Investment value is -396.8%.

MannKind Corp. (NASDAQ:MNKD) gross margin percentage stands at -22.3% while its operating margin for the past trailing twelve month is 0 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 19.71% with a 50-Day Simple Moving Average of 19.57 percent. As of today, the company has a SMA200 (200-day simple moving average) of 42.04 Percent. The Stock has YTD (year to date) performance of 38.36 percent.

The TTM operating margin for the company stands at 0%. The return on invested capital is at -396.8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 42.04%, and has a solid year to date (YTD) performance of 38.36% which means that the stock is constantly adding to its value from the previous fiscal year end price.