Shares of Halozyme Therapeutics, Inc. (NEO:HALO) rose 0.1% during trading on Thursday . The company traded as high as C$36.39 and last traded at C$35.51. Approximately 1,016,476 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 902,920 shares. The stock had previously closed at C$35.48.
Separately, Fundamental Research cut their price target on shares of Halozyme Therapeutics from C$0.15 to C$0.12 and set a “buy” rating on the stock in a research note on Monday, September 27th.
The stock has a market capitalization of C$5.01 billion and a price-to-earnings ratio of 12.79. The company has a current ratio of 8.99, a quick ratio of 8.20 and a debt-to-equity ratio of 312.11. The firm has a 50-day moving average of C$36.82 and a 200-day moving average of C$40.27.
Halozyme Therapeutics Company Profile (NEO:HALO)
Halozyme Therapeutics, Inc operates as a biopharma technology platform company in the United States, Switzerland, Ireland, Belgium, Japan, and internationally. The company's products are based on the ENHANZE drug delivery technology, a patented recombinant human hyaluronidase enzyme (rHuPH20) that enables the subcutaneous delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids.
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