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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

Key Points

  • Genmab A/S (OTCMKTS:GNMSF) saw its stock price rise above its 50-day moving average of $218.00, reaching a high of $245.00 during trading.
  • The company reported $5.42 EPS for the latest quarter, surpassing estimates by $1.43, although revenue of $925 million fell short of expectations.
  • Genmab A/S has a market cap of $16.19 billion and a PE ratio of 12.30, indicating its valuation and investor sentiment towards its future earnings growth.
  • Five stocks we like better than Genmab A/S.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $218.00 and traded as high as $245.00. Genmab A/S shares last traded at $245.00, with a volume of 32 shares.

Genmab A/S Stock Up 0.3%

The stock has a market cap of $16.47 billion, a price-to-earnings ratio of 12.51 and a beta of 0.90. The company's 50-day simple moving average is $220.49 and its 200-day simple moving average is $210.84.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $5.42 earnings per share for the quarter, topping the consensus estimate of $3.99 by $1.43. Genmab A/S had a net margin of 37.53% and a return on equity of 21.03%. The firm had revenue of $925.00 million for the quarter, compared to analysts' expectations of $949.06 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.

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