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MannKind Corporation is currently in a long term uptrend where the price is trading 40.9% above its 200 day moving average.
From a valuation standpoint, the stock is 98.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 14.3.
MannKind Corporation's total revenue rose by 15.3% to $18M since the same quarter in the previous year.
Its net income has dropped by 85.2% to $-26M since the same quarter in the previous year.
Finally, its free cash flow grew by 18.6% to $-4M since the same quarter in the previous year.
Based on the above factors, MannKind Corporation gets an overall score of 4/5.
Sector | Healthcare |
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CurrencyCode | USD |
Exchange | NASDAQ |
ISIN | US56400P7069 |
Industry | Biotechnology |
PE Ratio | None |
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Dividend Yield | 0.0% |
Target Price | 6.67 |
Beta | 1.68 |
Market Cap | 1B |
MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. It offers Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes, and the V-Go wearable insulin delivery device, which provides continuous subcutaneous infusion of insulin in adults. The company's product pipeline also includes Tyvaso DP Treprostinil, an inhalation powder for the treatment of pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease; MNKD-101, a nebulized formulation of clofazimine, for the treatment of severe chronic and recurrent pulmonary infections, including nontuberculous mycobacterial lung disease, and idiopathic pulmonary and cystic fibrosis. In addition, it has collaboration and license agreement with United Therapeutics Corporation for development, regulatory, and commercial activities of Tyvaso DPI; co-promotion agreement with Vertice Pharma to promote Thyquidity; and collaboration agreement with Thirona to evaluate the therapeutic for the treatment of pulmonary fibrosis. Further, the company has supply and distribution agreement with Biomm S.A. for the commercialization of Afrezza in Brazil; and license and distribution agreement with Cipla Ltd. for the marketing and distribution of Afrezza in India. MannKind Corporation was incorporated in 1991 and is headquartered in Danbury, Connecticut.
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