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Genmab A/S (OTCMKTS:GNMSF) Shares Gap Up - Should You Buy?

Genmab A/S logo with Medical background

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $208.80, but opened at $225.00. Genmab A/S shares last traded at $225.00, with a volume of 25 shares changing hands.

Genmab A/S Trading Up 0.8%

The company has a market capitalization of $14.99 billion, a price-to-earnings ratio of 12.87 and a beta of 0.91. The firm's 50 day simple moving average is $212.19 and its 200-day simple moving average is $206.10.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $3.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.88 by $1.17. Genmab A/S had a net margin of 35.11% and a return on equity of 19.23%. The business 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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