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home / news releases / HALO - Halozyme Therapeutics: Enhanced Prospects Expensive Valuations


HALO - Halozyme Therapeutics: Enhanced Prospects Expensive Valuations

I have always stuck up for Western medicine. You can chew all the celery you want, but without antibiotics, three quarters of us would not be here. ~ Hugh Laurie

The prospects of Halozyme Therapeutics (HALO) look exciting, but its negative cash flows from operations and stock repurchases are funded by debt. Its valuations are also stretched. Healthcare stocks have caught the market fancy ever since COVID-19 shook our economy, and as of end May 2020, investors' top two preferences have been either buying healthcare stocks or sitting on cash. This kind of explains

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Stock Information

Company Name: Halozyme Therapeutics Inc.
Stock Symbol: HALO
Market: NASDAQ
Website: halozyme.com

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