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Genmab A/S (OTCMKTS:GNMSF) Stock Crosses Above 50-Day Moving Average - Here's Why

Genmab A/S logo with Medical background

Shares of 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 $195.28 and traded as high as $202.90. Genmab A/S shares last traded at $199.35, with a volume of 139 shares changing hands.

Genmab A/S Price Performance

The company has a 50 day simple moving average of $195.45 and a 200 day simple moving average of $205.64. The company has a market capitalization of $13.77 billion, a price-to-earnings ratio of 11.89 and a beta of 1.02.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $3.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.88 by $1.17. The business had revenue of $765.14 million during 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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