MannKind (MNKD) Worth a Look: Stock Adds 5.7% in Session - Tale of the Tape
MannKind Corp. (MNKD) was a big mover last session, as the company saw its shares rise roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.63 to $5.79 in the past one-month time frame.
None of the estimates for this med-biomed/gene stock were revised over the past 7 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
MannKind currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is Illumina Inc. (ILMN), which sports a Zacks Rank #1 (Strong Buy).
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