Halozyme (HALO) in Focus: Stock Rises 6.9% - Analyst Blog

By
A A A

Halozyme Therapeutics, Inc. ( HALO ) was a big mover last session, as the company saw its shares advance nearly 7% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for this biotechnology company as the stock is now up more than 53% in the past one month time frame.

The company has seen 6 negative revisions in the past few weeks and its earnings consensus has moved down over the past two months, suggesting there may be trouble down the road for HALO. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Halozyme currently has a Zacks Rank #3 (Hold) and its Earnings ESP is positive.

Some better performing biotechnology stocks include Affymetrix Inc. ( AFFX ), Agenus Inc. ( AGEN ) and Alkermes plc ( ALKS ). Affymetrix carries a Zacks Rank #1 (Strong Buy), while Agenus and Alkermes carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



AFFYMETRIX INC (AFFX): Free Stock Analysis Report

AGENUS INC (AGEN): Free Stock Analysis Report

ALKERMES INC (ALKS): Free Stock Analysis Report

HALOZYME THERA (HALO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: AFFX , AGEN , ALKS , HALO

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com