Halozyme Therapeutics Inc (NASDAQ: HALO) on Tuesday, plunged -2.42% from the previous trading day, before settling in for the closing price of $61.09. Within the past 52 weeks, HALO’s price has moved between $33.15 and $65.53.
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Annual sales at Healthcare sector company grew by 41.16% over the past five years. The company achieved an average annual earnings per share of 42.35%. With a float of $125.85 million, this company’s outstanding shares have now reached $126.77 million.
Let’s look at the performance matrix of the company that is accounted for 373 employees. In terms of profitability, gross margin is 78.34%, operating margin of 50.35%, and the pretax margin is 50.68%.
Halozyme Therapeutics Inc (HALO) Insider and Institutional Ownership
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 98.61%. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.82 earnings per share (EPS) for the period topping the consensus outlook (set at 0.82) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.35% 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 9.15 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 8.01. Likewise, its price to free cash flow for the trailing twelve months is 19.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.02, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 4.60 in one year’s time.
Technical Analysis of Halozyme Therapeutics Inc (HALO)
Halozyme Therapeutics Inc (NASDAQ: HALO) saw its 5-day average volume 1.34 million, a positive change from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 88.74%. Additionally, its Average True Range was 2.12.
During the past 100 days, Halozyme Therapeutics Inc’s (HALO) raw stochastic average was set at 64.52%, which indicates a significant decrease from 81.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.75% in the past 14 days, which was higher than the 39.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.53, while its 200-day Moving Average is $48.74. Nevertheless, the first resistance level for the watch stands at $61.34 in the near term. At $63.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $64.13. If the price goes on to break the first support level at $58.56, it is likely to go to the next support level at $57.50. The third support level lies at $55.77 if the price breaches the second support level.
Halozyme Therapeutics Inc (NASDAQ: HALO) Key Stats
Market capitalization of the company is 7.58 billion based on 127,227K outstanding shares. Right now, sales total 829,250 K and income totals 281,590 K. The company made 290,080 K in profit during its latest quarter, and 137,010 K in sales during its previous quarter.
