Genmab A/S (OTCMKTS:GNMSF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Genmab A/S (OTCMKTS:GNMSFGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $266.48 and traded as low as $218.93. Genmab A/S shares last traded at $218.93, with a volume of 765 shares traded.

Genmab A/S Price Performance

The stock has a 50 day moving average of $252.34 and a 200 day moving average of $265.95. The firm has a market cap of $15.02 billion, a P/E ratio of 19.02 and a beta of 1.06.

Genmab A/S (OTCMKTS:GNMSFGet Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported $3.13 earnings per share for the quarter. The company had revenue of $779.50 million for the quarter. Genmab A/S had a return on equity of 20.60% and a net margin of 29.06%.

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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