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Genmab A/S (OTCMKTS:GNMSF) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Genmab A/S logo with Medical background

Genmab A/S (OTCMKTS:GNMSF - Get Free Report)'s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $208.09 and traded as high as $215.30. Genmab A/S shares last traded at $212.55, with a volume of 134 shares traded.

Genmab A/S Stock Up 1.1%

The firm has a market cap of $14.20 billion, a P/E ratio of 12.19 and a beta of 0.91. The business has a fifty day moving average of $208.14 and a 200 day moving average of $205.77.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $3.05 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $765.14 million during 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.

Further Reading

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