) ¿ "> ) ¿ "> TheStreet) ¿ "/>
This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks Sink to 52-Week Lows

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

MannKind

The biopharmaceutical company reported Wednesday a first-quarter loss of $38.2 million, or 27 cents a share, narrower than a year-earlier loss of $41.5 million, or 34 cents.

"We maintain our UW rating on MNKD following the company's 1Q update post close," JPMorgan analysts wrote in a report Thursday. "The Phase 3 AFFINITY trials evaluating Afrezza for Type 1 and Type 2 diabetes are enrolling behind schedule, which could potentially extend the timelines for data readouts and further stretch the already limited cash reserves of the company."

Shares of MannKind hit a 52-week low Thursday of $1.92. The stock's 52-week high of $4.30 was set on June 27.

Five of the 11 analysts who cover MannKind rated it sell. Three analysts gave the stock a buy rating and another three rated it hold.

The stock has dropped 22.58% year to date.


Windstream

The communications company reported on Thursday first-quarter net income of $64.6 million, or 11 cents a share, up from year-earlier net income of $29.4 million, or 6 cents.

The company's first-quarter earnings fell short of analysts' expectations, which on average called for a profit of 14 cents a share.

Shares of Windstream hit a 52-week low of $9.42. The stock's 52-week high of $13.57 was set on May 20.

Windstream's forward P/E is 15.75; the average for fixed-line telecommunications companies is 32.53. For comparison, Virgin Media (VMED) has a lower forward P/E of 8.76.

Thirteen of the 18 analysts who cover Windstream rated it hold. Four analysts gave the stock a buy rating and one rated it sell.

The stock has fallen 14.4% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DGIT $12.07 -0.33%
MNKD $4.16 -3.03%
WIN $4.92 1.44%
AAPL $118.44 -2.36%
FB $94.14 0.14%

Markets

Chart of I:DJI
DOW 17,598.20 -91.66 -0.52%
S&P 500 2,098.04 -5.80 -0.28%
NASDAQ 5,115.3820 -12.8990 -0.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs