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Genmab A/S (OTCMKTS:GNMSF) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

Genmab A/S logo with Medical background

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $206.48 and traded as high as $211.09. Genmab A/S shares last traded at $211.09, with a volume of 330 shares.

Genmab A/S Stock Down 0.2%

The firm has a market capitalization of $13.95 billion, a P/E ratio of 11.97 and a beta of 0.92. The company's 50 day moving average is $206.48 and its 200-day moving average is $205.86.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $3.05 earnings per share for the quarter, beating 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 firm had revenue of $765.14 million for the quarter, compared to analyst estimates of $761.09 million.

Genmab A/S Company Profile

(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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