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Genmab A/S (OTCMKTS:GNMSF) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Genmab A/S logo with Medical background

Key Points

  • Genmab A/S shares have crossed above their 50-day moving average of $281.01, reaching a high of $303.50 before last trading at $289.99.
  • The company reported earnings per share (EPS) of $5.42 for the last quarter, exceeding the consensus estimate of $3.99, despite revenue falling short of expectations at $925 million.
  • Genmab has a market cap of $19.16 billion and maintains a net margin of 37.53% along with a return on equity of 21.03%.
  • Five stocks we like better than Genmab A/S.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $281.01 and traded as high as $303.50. Genmab A/S shares last traded at $289.99, with a volume of 581 shares.

Genmab A/S Price Performance

The company's fifty day moving average is $281.01 and its 200-day moving average is $232.99. The stock has a market cap of $19.16 billion, a PE ratio of 14.56 and a beta of 0.95.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $5.42 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $925.00 million during 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.

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