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Genmab A/S (OTCMKTS:GNMSF) Stock Passes Above 50-Day Moving Average - Should You Sell?

Genmab A/S logo with Medical background

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $202.43 and traded as high as $222.51. Genmab A/S shares last traded at $222.51, with a volume of 130 shares trading hands.

Genmab A/S Price Performance

The stock has a market capitalization of $14.70 billion, a PE ratio of 12.70 and a beta of 0.92. The company has a 50 day moving average price of $202.43 and a 200-day moving average price of $205.92.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $3.05 earnings per share for the quarter, topping the consensus estimate of $1.88 by $1.17. The company had revenue of $765.14 million for the quarter, compared to analysts' expectations of $761.09 million. Genmab A/S had a return on equity of 19.75% and a net margin of 36.30%.

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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