On August 04, 2022, Halozyme Therapeutics Inc. (NASDAQ: HALO) opened at $47.51, lower -4.40% from the last session. During the day, the shares moved up to $48.32 and dropped to $45.11 before settling in for the closing price of $47.48. Price fluctuations for HALO have ranged from $31.36 to $52.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 24.80%. Company’s average yearly earnings per share was noted 200.60% at the time writing. With a float of $136.32 million, this company’s outstanding shares have now reached $137.66 million.
Let’s determine the extent of company efficiency that accounts for 145 employees. In terms of profitability, gross margin is +81.64, operating margin of +62.24, and the pretax margin is +56.06.
Halozyme Therapeutics Inc. (HALO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Halozyme Therapeutics Inc. is 0.70%, while institutional ownership is 96.50%. The most recent insider transaction that took place on Nov 08, was worth 1,990,768. In this transaction President and CEO of this company sold 50,000 shares at a rate of $39.82, taking the stock ownership to the 537,160 shares. Before that another transaction happened on Nov 05, when Company’s Director sold 32,000 for $40.38, making the entire transaction worth $1,292,113. This insider now owns 181,983 shares in total.
Halozyme Therapeutics Inc. (HALO) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted $0.47 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.49) by -$0.02. This company achieved a net margin of +90.84 while generating a return on equity of 231.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 200.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.00% during the next five years compared to 40.20% growth over the previous five years of trading.
Halozyme Therapeutics Inc. (NASDAQ: HALO) Trading Performance Indicators
Check out the current performance indicators for Halozyme Therapeutics Inc. (HALO). In the past quarter, the stock posted a quick ratio of 8.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.04. Likewise, its price to free cash flow for the trailing twelve months is 23.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.98, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.97 in one year’s time.
Technical Analysis of Halozyme Therapeutics Inc. (HALO)
Looking closely at Halozyme Therapeutics Inc. (NASDAQ: HALO), its last 5-days average volume was 1.17 million, which is a jump from its year-to-date volume of 1.03 million. As of the previous 9 days, the stock’s Stochastic %D was 6.44%. Additionally, its Average True Range was 1.92.
During the past 100 days, Halozyme Therapeutics Inc.’s (HALO) raw stochastic average was set at 60.01%, which indicates a significant increase from 4.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.49% in the past 14 days, which was lower than the 39.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.08, while its 200-day Moving Average is $39.97. However, in the short run, Halozyme Therapeutics Inc.’s stock first resistance to watch stands at $47.44. Second resistance stands at $49.48. The third major resistance level sits at $50.65. If the price goes on to break the first support level at $44.23, it is likely to go to the next support level at $43.06. Now, if the price goes above the second support level, the third support stands at $41.02.
Halozyme Therapeutics Inc. (NASDAQ: HALO) Key Stats
There are currently 137,950K shares outstanding in the company with a market cap of 6.62 billion. Presently, the company’s annual sales total 443,310 K according to its annual income of 402,710 K. Last quarter, the company’s sales amounted to 117,280 K and its income totaled 60,110 K.