Exide Technologies (NASDAQ:XIDE) down by 7.53%, MannKind Corporation (NASDAQ:MNKD)

Posted by George Brook May 10, 2013 0 Comment 1542 views


Hartford, CT 05/10/2013 (GDPInsider) – Exide Technologies (NASDAQ:XIDE) is down by about 7.35% after hitting a high of $1.00 during the day, and is now hovering at $0.894. The traded volumes during the day were lower than the average volume of 3.48 million, and the current trading volume is more than 2.23 million. The beta of the stock is 2.39. With a book value per share of about 3.35 the price to book value ratio of the Exide is close to 0.25 which is weak. The investors can get a clue about the stock’s performance from the investors holding in the company’s share which is close to 2.28% as of May 10, at the same time the institutional investors are holding about 78.27% in the company’s stock. The net profit margin over the trailing twelve months of the company is close to -4.69%. The analysts’ are expecting a price of $2.00 for the stock, thus we can expect the stock to rise further expect.

Exide gave a chance to the local residents to speak to its officials and its partners at the last meeting relating to the demolition of the company’s Frisco lead-acid battery recycling plant.

Is XIDE a solid investment at these levels? Get valuable updates and exclusive insights here.

MannKind Corporation (NASDAQ:MNKD) is up by about 3.57% after hitting a high of $4.21 during the day, and is now hovering at $4.13. The traded volumes during the day were lower than the average volume of 4.96 million, and the current trading volume is more than 2.49 million. The beta of the stock is 1.26. The book value per share of the company is about -0.38. The investors can get a clue about the stock’s performance from the investors holding in the company’s share which is close to 0.62% as of May 10, at the same time the institutional investors are holding about 15.62% in the company’s stock. The analysts’ are expecting a price of $5.85 for the stock, thus we can expect the stock to rise further expect.

The company reported its 1Q2013 results and posted a net loss of $41.0 million or $0.15 per share as compared to a net loss of $38.2 million or $0.27 per share a year ago.

How Should Investors Trade MNKD Now? Get the latest trends and data here.

Disclosure:

WallStreetAnalyzed.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetAnalyzed.com website, for complete risks and disclosures.


About George Brook

George Brook covers money and politics for GDP Insider. George is a veteran journalist who has also covered Congress, national political conventions and presidential politics. George also covers the White House as well as economic and domestic policy for GDP insider. George's reporting has won numerous awards, including two Scripps Howard awards, two National Headliners, two Gerald Loeb Awards, as well as honors from Sigma Delta Chi and the National Press Club.

View all post by George Brook Visit author's website

Write Your Comment