Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 80.75%. However, over the past six months, we’ve seen a weaker performance of 52.65%. The price of MNKD fallen by 8.04% over the last 30 days. And in the last five days, it has surged by 4.93%.
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 $6.92 on 09/19/24, while the lowest price during the same period was $3.17 on 02/05/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
52-week price history of MNKD Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Mannkind Corp’s current trading price is -4.92% away from its 52-week high, while its distance from the 52-week low is 107.55%. The stock’s price range over this timeframe has been between $3.17 and $6.92. The shares of the Healthcare sector company recorded a trading volume of approximately 1.21 million for the day, which was comparatively lower than the average daily volume of 2.51 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Mannkind Corp (MNKD) has experienced a quarterly rise of 28.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 414 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.44, with a change in price of +2.21. Similarly, Mannkind Corp recorded 2,505,176 in trading volume during the last 100 days, posting a change of +51.16%.
MNKD Stock Stochastic Average
The raw stochastic average for Mannkind Corp over the last 50 days is presently at 80.20%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 64.86%. Further, the company’s Stochastic %K and %D values for the last 20 days were 49.55% and 43.84%, respectively.
