Genmab A/S (OTCMKTS:GNMSF) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Genmab A/S (OTCMKTS:GNMSFGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $261.40 and traded as low as $220.42. Genmab A/S shares last traded at $231.17, with a volume of 366 shares.

Genmab A/S Stock Up 2.4 %

The business’s 50 day moving average price is $242.98 and its 200-day moving average price is $261.40.

Genmab A/S (OTCMKTS:GNMSFGet Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $3.13 earnings per share for the quarter. The firm had revenue of $779.50 million during 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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