Are MannKind Corporation(NASDAQ:MNKD), Sanchez Energy Corp(NYSE:SN) and Warren Resources, Inc.(NASDAQ:WRES) Poised To Break Out?

Posted by Saimoon January 13, 2015 0 Comment 1236 views


New York, NY – GDP INSIDER  –  01/13/2015.

This article discusses three companies: MannKind Corporation(NASDAQ:MNKD), Sanchez Energy Corp(NYSE:SN) and Warren Resources, Inc.(NASDAQ:WRES)

Alfred Mann, the founder of MannKind Corporation(NASDAQ:MNKD), has recently retired from his post as CEO. He will remain engaged to business matters as Executive Chairman. The $2.35 billion market cap company, which traded within a range of $5.44 to $5.80 after opening the day at $5.78 yesterday, is currently situated 44.47% above its 52-week low of $3.80 and 52.18% below its 52-week high of $11.48. On January 9, analysts at Zacks reiterated their neutral rating on the shares of MannKind Corporation with a price target set to $6 per share. The stock has a beta of 1.04 and an earnings per share of $-0.57.

Will The New Management At MannKind Corporation Not Pursue A Merger With Sanofi? Find Out More In Our Free Investment Analysis.

Sanchez Energy Corp(NYSE:SN) has a bid price of 7.01×100 and an offer price of 24.30×500. The company had a trading volume of 4.23 million, a figure which is higher than its 10-day average trading volume of 3.93 million. The ticker currently stands at a weekly performance of 2.64%, gross margin (ttm) of 81.70%, quarterly revenue growth (yoy) of 120.20% and a whopping quarterly revenue growth (yoy) of 1163.70%. Recently, analysts at Nortland Securities reiterated their rating on the shares of Sanchez Energy Corp and lowered their price target to $20 from $24 per share.

Should You Sell Sanchez Energy Corp Now? Have A Quick Look At Our Free Investment Analysis.

Warren Resources, Inc.(NASDAQ:WRES) has traded within a range of $1.20 to $7.02 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $1.33 after a loss of sixteen cents per share. The 10.74% loss in value moved the stock 10.83% above its 52-week low and 81.05% below its 52-week high. Analysts at TheStreet downgraded their rating on the shares of Warren Resources, Inc from buy to hold in December. The stock currently stands at a weekly performance of -9.52% and a monthly performance of -4.32%.

Will Warren Resources, Inc Recover From Its Losses? Click Here To Find Out More In Our Free WRES Report.

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