Stock Insights: MannKind Corporation (NASDAQ:MNKD)

Investors are watching shares of MannKind Corporation (NASDAQ:MNKD) today as the stock opened the current trading session at 4.210 and at the time of writing the last Bid was at 4.195. In the current trading session the stock reached as high as 4.250 and dipped down to 4.160. MannKind Corporation, a NGM listed company, has a current market cap of 1.67B and on average over the past 3 months has seen 5217740 shares trade hands on a daily basis.

There are a number of brokerage firms which offer projections on earnings and future stock movement of the stock. On a consensus basis, Wall Street analysts have a short term price of 7.780 on the equity. The company’s trailing twelve month EPS is -0.515. The consensus analyst estimates according to First Call for the next quarter is -0.090. The current year EPS estimate on the stock is -0.340 and the EPS estimate for next year sits at -0.160.

On a technical level the stock has a 50 Day Moving Average of 5.028. Based on a recent trade, this puts the equity at -16.562% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -63.458% away from its 52-week high of 11.480 and +1.329% away from the stock’s low point over the past 52 weeks, which was 4.140.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at N/A. This is an important indicator as a higher ratio typically suggests that investors are expecting higher future earnings growth compared to companies in the same industry with lower price to earnings ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at N/A. Investors looking further ahead, will note that the Price to next year’s EPS is N/A.

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