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Genmab A/S (OTCMKTS:GNMSF) Reaches New 12-Month High - Time to Buy?

Genmab A/S logo with Medical background

Key Points

  • Genmab A/S shares reached a new 52-week high of $308.00, with a market capitalization of $20.35 billion.
  • The company reported an earnings per share (EPS) of $5.42 for the last quarter, significantly outperforming analysts' expectations of $3.99.
  • Genmab A/S develops antibody therapeutics for cancer treatment, including the drug DARZALEX for multiple myeloma patients.
  • Five stocks to consider instead of Genmab A/S.

Shares of Genmab A/S (OTCMKTS:GNMSF - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $308.00 and last traded at $308.00, with a volume of 18070 shares changing hands. The stock had previously closed at $290.00.

Genmab A/S Price Performance

The stock has a market capitalization of $20.35 billion, a price-to-earnings ratio of 15.46 and a beta of 0.90. The business's 50-day simple moving average is $250.76 and its two-hundred day simple moving average is $219.71.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $5.42 EPS for the quarter, topping analysts' consensus estimates of $3.99 by $1.43. Genmab A/S had a net margin of 37.53% and a return on equity of 21.03%. The business had revenue of $925.00 million for the quarter, compared to analysts' expectations of $949.06 million.

About Genmab A/S

(Get Free Report)

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC.

See Also

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