MannKind Corporation [NASDAQ: MNKD] opened at $1.11 and closed at $1.12 a share within trading session on 26/06/2019. That means that the stock dropped by -2.28% compared to the closing price from a day before, when the stock touched $1.09.
Between the start and the closing of the latest trading session, MannKind Corporation [NASDAQ: MNKD] had 2.15 million shares being bought and sold. In the last three months, average trading volumes hovered around 2.15M shares. During the last week, volatility in the share price was set at N/A, which placed the metric for the last 30 days at N/A. The price of the stock additionally went down to $0.94 during that period and MNKD managed to take a rebound to $3.04 in the last 52 weeks.
MannKind Corporation [NASDAQ:MNKD]: Analyst Rating and Earnings
Stock market traders oftentimes pay a lot of attention to what top analysts say regarding a potential investment. Regarding MannKind Corporation [MNKD], the latest average analyst recommendation we can see is from the quarter closing in December. On average, stock market experts give MNKD an Buy rating. Its stock price has been found in the range of 0.94 to 3.04. This is compared to its latest closing price of $1.12.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for MannKind Corporation [MNKD] is sitting at 1.50. This is compared to 1 month ago, when its average rating was 1.50.
For the quarter ending in Mar-19 MannKind Corporation [MNKD] generated $0.02 billion in sales. That’s 30.34% higher than the average estimate of $0.01 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Pay attention for this company’s financial results, of which the next release is scheduled to happen on Thu 1 Aug (In 36 Days).
Fundamental Analysis of MannKind Corporation [MNKD]
Now let’s turn to look at profitability: with a current Operating Margin for MannKind Corporation [MNKD] sitting at -291.01 and its Gross Margin at +26.49.
Similarly, its Total Debt to Total Assets stands at 103.37.
What about valuation? This company’s Enterprise Value to EBITDA is -3.22. The Enterprise Value to Sales for this firm is now 6.11, and its Total Debt to Enterprise Value stands at 0.58.
Shifting the focus to workforce efficiency, MannKind Corporation [MNKD] earns $123,818 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 8.19 and its Total Asset Turnover is 0.29. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.04 and its Current Ratio is 1.09. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
MannKind Corporation [MNKD] has 189.39M shares outstanding, amounting to a total market cap of $212.12M. Its stock price has been found in the range of 0.94 to 3.04. At its current price, it has moved down by -64.00% from its 52-week high, and it has moved up 16.44% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 35.88. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is MannKind Corporation [MNKD] a Reliable Buy?
Shares of MannKind Corporation [MNKD], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.