19-Apr-2024
No headlines found.
MannKind Repays Certain Debt Obligations
Globe Newswire (Wed, 3-Apr 6:00 AM ET)
MannKind Announces CFO Transition
Globe Newswire (Tue, 26-Mar 4:05 PM ET)
Globe Newswire (Mon, 11-Mar 6:05 AM ET)
Globe Newswire (Tue, 5-Mar 6:05 AM ET)
MannKind Corporation Announces Participation at Upcoming Conferences
Globe Newswire (Mon, 4-Mar 1:01 PM ET)
Globe Newswire (Tue, 27-Feb 4:00 PM ET)
Globe Newswire (Tue, 20-Feb 6:00 AM ET)
MannKind Announces Enrollment Goal Completion of INHALE-1 Pediatric Diabetes Trial Utilizing Afrezza
Globe Newswire (Thu, 15-Feb 6:05 AM ET)
MannKind Corp is a biopharmaceutical company focused on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension. Its approved product, Afrezza (insulin human) Inhalation Powder, is an ultra-rapid-acting inhaled insulin used to improve glycemic control in adults with diabetes. The product consists of a dry powder formulation of human insulin delivered from a small portable inhaler.
Mannkind trades on the NASDAQ stock market under the symbol MNKD.
As of April 19, 2024, MNKD stock price climbed to $4.18 with 1,723,890 million shares trading.
MNKD has a beta of 0.99, meaning it tends to be less sensitive to market movements. MNKD has a correlation of 0.05 to the broad based SPY ETF.
MNKD has a market cap of $1.10 billion. This is considered a Small Cap stock.
Last quarter Mannkind reported $58 million in Revenue and $.02 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.02.
In the last 3 years, MNKD stock traded as high as $5.75 and as low as $2.49.
The top ETF exchange traded funds that MNKD belongs to (by Net Assets): VTI, IWM, XBI, VXF, IBB.
MNKD stock has underperformed the market in the last year with a return of -1.9%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MNKD shares. However, MNKD has outperformed the market in the last 3 month and 2 week periods, returning +24.8% and -3.0%, while SPY returned +4.3% and -3.5%, respectively. This indicates MNKD has been having a stronger performance recently.
MNKD support price is $3.95 and resistance is $4.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MNKD stock will trade within this expected range on the day.