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Genmab A/S (OTCMKTS:GNMSF) Stock Price Passes Above 50 Day Moving Average - What's Next?

Genmab A/S logo with Medical background

Genmab A/S (OTCMKTS:GNMSF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $208.77 and traded as high as $216.40. Genmab A/S shares last traded at $216.40, with a volume of 8 shares changing hands.

Genmab A/S Stock Down 2.7%

The stock has a market capitalization of $13.80 billion, a P/E ratio of 11.84 and a beta of 0.91. The firm has a fifty day moving average price of $209.58 and a two-hundred day moving average price of $205.96.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $3.05 EPS for the quarter, beating the consensus estimate of $1.88 by $1.17. Genmab A/S had a return on equity of 19.23% and a net margin of 35.11%. The company had revenue of $765.14 million for the quarter, compared to analysts' expectations of $761.09 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.

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