Mannkind Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $5.75 on 08/09/23, while the lowest price during the same period was $3.17 on 02/05/24.
52-week price history of MNKD Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Mannkind Corp’s current trading price is -25.04% away from its 52-week high, while its distance from the 52-week low is 35.96%. The stock’s price range for this period has remained between $3.17 and $5.75. The Healthcare sector company’s shares managed to surpass a trading volume of around 2.71 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.12 million over the last three months.
Financial Performance and Market Capitalization
Mannkind Corp (MNKD) has experienced a quarterly rise of 16.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.17B and boasts a workforce of 414 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.85, with a change in price of +0.66. Similarly, Mannkind Corp recorded 3,069,677 in trading volume during the last 100 days, posting a change of +18.08%.
MNKD Stock Stochastic Average
As of today, the raw stochastic average of Mannkind Corp over the past 50 days is 51.12%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 7.63%. Additionally, the Stochastic %K and %D values for the company were 10.75% and 11.27%, respectively, over the past 20 days.
MNKD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 18.41%. However, over the past six months, we’ve seen a weaker performance of 11.37%. The price of MNKD leaped by -9.26% over the last 30 days. And in the last five days, it has fallen by -6.91%.
