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How to Buy Mannkind Stock

Mannkind Corp

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.

Mannkind stock last closed at $4.53, down 2.16% from the previous day, and has increased 12.97% in one year. It has overperformed other stocks in the Biotechnology industry by 0.17 percentage points. Mannkind stock is currently +42.9% from its 52-week low of $3.17, and -21.22% from its 52-week high of $5.75.

There are currently 270.42M shares of MNKD outstanding. The market cap of MNKD is $1.22B. In the past 24 hours, 2.58M MNKD shares were traded.

How to Buy Mannkind Stock

Not sure how to invest in Mannkind stock? Here's how.
  1. Decide where to buy Mannkind stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Mannkind stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your information.
  4. Evaluate Mannkind stock: The Mannkind ticker symbol is MNKD. Is Mannkind stock a good investment? Should you buy shares of MNKD? How do MNKD's underlying business fundamentals look? Do top analysts think Mannkind is a good buy? Why has MNKD's stock price moved recently? (Hint: Our stock research tools can help you decide if MNKD is a good stock to buy).
  5. Place your MNKD purchase: Decide if you will purchase MNKD shares at the current market price or use a limit order to buy MNKD shares at a particular price.
  6. Get the latest scoop on your MNKD position: Create a watchlist to the latest updates on your new investment in Mannkind stock.

Step 1: Decide where to buy Mannkind stock

You need an online brokerage account to access the NASDAQ market and buy MNKD shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, you need to fill out some personal info so you are able to buy MNKD today.

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Step 3: Deposit money your brokerage account

Now that you have created your account on a good online stock trading app, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your brokerage account.

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Step 4: Evaluate Mannkind stock

Once you have figured out the best place to buy Mannkind stock, it's critical to research their stock prior to buying, so you can comprehend the risk as well as the opportunity.

Mannkind Numbers

MNKD Price
$4.53
1w %
-4.83%
1y %
12.97%
5y %
134.72%
P/E
-113.25x
P/B
-4.98x
P/S
6.08x
PEG
N/A
Revenue
$198.96M
Earnings
-$11.94M
Fore. Rev. Growth
19.9%
Fore. Earn. Growth
N/A
Market Cap
$1.22B
Next Earnings
May 7, 2024
Next Dividend
N/A

Fundamentals of MNKD

WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on MNKD's stock page.

Is MNKD stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MNKD's true value.

You can do additional valuation research on MNKD's stock here.

MNKD Financial Health

Pros:

  • MNKD has cash burn of 8347000. It has sufficient cash and short-term investments to cover this for at least one year.
  • MNKD profit margin has gone up from -87.6% to -6% in the past year.
  • There are more short-term assets than short-term liabilities on the MNKD balance sheet.
  • MNKD has $295.10M in cash and short term investments. This is sufficient to cover its annual cash burn of $8.35M.

Cons:

  • MNKD debt to equity ratio of -2.93 is negative.
  • There are more long-term liabilities than short-term assets on the MNKD balance sheet.
  • Total MNKD debt is still negative.

Is Mannkind stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Equities analysts who monitor MNKD, the consensus analyst rating on MNKD is a Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Mannkind stock forecast page.

MNKD Technicals

SMA10
4.72
SMA20
4.73
SMA50
4
SMA100
3.82
SMA200
4.08
MACD
0.2
MACD Signal
0.25
MACD Histogram
-0.05
RSI
51.69
Stochastic %K
29.71
Stochastic %D
40.68
StochRSI %K
8.98
StochRSI %D
17.99

MNKD Earnings

Last year, MNKD revenue was $198.96M. In the last five year, MNKD's revenue has gone up by 48.17% per year. This was faster than the Biotechnology industry average of 29.51%.

Dig into MNKD's earnings and revenue performance here.

Are MNKD executives and large shareholders buying or selling the stock?

In the last 12 months, executives and large shareholders at MNKD have bought more shares than they have sold.

Burkhard Blank, EVP Chief Medical Officer of MNKD, was the latest MNKD insider to buy. They bought $499,999.35 worth of MNKD stock on Feb 4, 2024.

Learn more about who owns MNKD stock here.

Can I get consistent income from MNKD stock?

No, Mannkind doesn't provide an income stream by paying out dividends.

MNKD Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your MNKD purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get the latest scoop on your MNKD position

Now that you own some MNKD stock, you'll want to stay up-to-date on your new stock purchase.

Put MNKD on a watchlist to track the latest developments regarding your MNKD stock.

MNKD Feed

How to Buy Stock in Mannkind

To summarize, here are the 6 steps you need to take to buy Mannkind stock right now:

  1. Decide where to buy Mannkind stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Mannkind stock
  5. Place your MNKD purchase
  6. Get the latest scoop on your MNKD position

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If you would like to keep tabs on your investment in Mannkind, click the button below.

NASDAQ: MNKD
$4.53-0.10 (-2.16%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: MNKD
$4.53-0.10 (-2.16%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mannkind share?

As of Mar 28, 2024, it costs $4.53 to buy one share of Mannkind stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.442 shares of MNKD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mannkind stock?

According to 3 Wall Street analysts who monitor Mannkind, their consensus recommendation is to buy Mannkind stock.

What is the best way to buy Mannkind stock?

One way to place an order for Mannkind stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.