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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

Shares of 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 $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 Performance

The firm's 50 day simple moving average is $207.69 and its 200 day simple moving average is $205.76. The firm has a market cap of $13.95 billion, a PE ratio of 11.97 and a beta of 0.92.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $765.14 million for the quarter, compared to analyst estimates of $761.09 million. Genmab A/S had a net margin of 35.11% and a return on equity of 19.23%.

About Genmab A/S

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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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