Positive trend for Halozyme Therapeutics Inc. (NASDAQ:HALO), Ruckus Wireless Inc (NYSE:RKUS)

Posted by Samantha Donahue May 17, 2013 0 Comment 1247 views


Halozyme Therapeutics, Inc. (NASDAQ:HALO) closed up to $7.98 after gaining 18.40% during the day and hitting its day’s high of $8.06 and a low of $7.25. The average shares floated during the last 3 months were 1.05 million, and in the previous session 5.33 million shares exchanged hands. The earnings per share of the company for the year 2011 was -$0.19 and fell by 150.13% in the previous year to stand at -$0.48, it is expected the growth in the earnings per share to be 30.90% in the next year. The company has shown a growth in its sales over the past five years which has grown by 61.94%. The quarter on quarter growth in the sales is 803.86%. The profit margin of Halozyme Therapeutics is negative of 126.53% reflecting that the company is unable to generate profit from its business operations. The stock is more volatile than the index as reflected from its beta of 1.51. The 200 days moving average of Halozyme Therapeutics is trading above the stocks 50 days moving average which gives a bearish sign to the investors.

The company announced that it would release fresh data on PEGPH20 at American Society of Clinical Oncology Annual Meeting in the Pancreatic Cancer.

Ruckus Wireless Inc (NYSE:RKUS) closed up to $13.30 after gaining 4.89% during the day and hitting its day’s high of $13.73 and a low of $12.72. The average shares floated during the last 3 months were 0.725 million, and in the previous session 2.46 million shares exchanged hands. The earnings per share of the company for the year 2011 was $0.02 and rose by 1368.45% in the previous year to stand at $0.27, it is expected the growth in the earnings per share to be 68.75% in the next year. The quarter on quarter growth in the sales is 51.49%. The profit margin of Ruckus Wireless is positive of 14.77% reflecting that the company has been able to generate profit from its business operations.

The company has designed an open Wi-Fi hotspot which it is planning to release the coming week, it has a secure connection.


About Samantha Donahue

Samantha Donahue is a digital fellow with GDP insider. Samantha earned a Bachelor's degree in Government from Cornell University and later his Master's degree in Journalism from Columbia University. She has also received numerous awards from the Associated Press, Society of Professional Journalists, and other media organizations for many of her exclusive stories. Samantha thrives reporting on breaking news and as a general assignments news reporter.

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