$XIDE

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

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.

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