Halozyme Therapeutics Inc. (NASDAQ: HALO) on Friday, soared 0.63% from the previous trading day, before settling in for the closing price of $52.28. Within the past 52 weeks, HALO’s price has moved between $32.83 and $65.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 41.16%. The company achieved an average annual earnings per share of 43.82%. With a float of $125.30 million, this company’s outstanding shares have now reached $126.77 million.
Considering the fact that the conglomerate employs 373 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 75.89%, operating margin of 46.04%, and the pretax margin is 47.72%.
Halozyme Therapeutics Inc. (HALO) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Halozyme Therapeutics Inc. is 1.09%, while institutional ownership is 98.71%. The most recent insider transaction that took place on Oct 15 ’24, was worth 537,469. In this transaction SVP, CHIEF TECHNICAL OFFICER of this company sold 10,000 shares at a rate of $53.75, taking the stock ownership to the 173,756 shares. Before that another transaction happened on Oct 16 ’24, when Company’s SVP, CHIEF TECHNICAL OFFICER sold 10,000 for $53.26, making the entire transaction worth $532,590. This insider now owns 173,756 shares in total.
Halozyme Therapeutics Inc. (HALO) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.75 earnings per share (EPS) for the period topping the consensus outlook (set at 0.71) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.82% per share during the next fiscal year.
Halozyme Therapeutics Inc. (NASDAQ: HALO) Trading Performance Indicators
Halozyme Therapeutics Inc. (HALO) is currently performing well based on its current performance indicators. A quick ratio of 6.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.63. Likewise, its price to free cash flow for the trailing twelve months is 16.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.58, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.74 in one year’s time.
Technical Analysis of Halozyme Therapeutics Inc. (HALO)
Compared to the last year’s volume of 1.29 million, its volume of 0.94 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.78%. Additionally, its Average True Range was 1.97.
During the past 100 days, Halozyme Therapeutics Inc.’s (HALO) raw stochastic average was set at 44.97%, which indicates a significant increase from 24.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.04% in the past 14 days, which was higher than the 38.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.52, while its 200-day Moving Average is $47.05. Nevertheless, the first resistance level for the watch stands at $53.07 in the near term. At $53.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.96. If the price goes on to break the first support level at $52.18, it is likely to go to the next support level at $51.74. Now, if the price goes above the second support level, the third support stands at $51.29.
Halozyme Therapeutics Inc. (NASDAQ: HALO) Key Stats
Market capitalization of the company is 6.66 billion based on 127,274K outstanding shares. Right now, sales total 829,250 K and income totals 281,590 K. The company made 231,350 K in profit during its latest quarter, and 93,250 K in sales during its previous quarter.
