Genmab A/S (OTCMKTS:GNMSF) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of 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 trading hands.

Genmab A/S Stock Up 2.4 %

The company has a 50-day simple moving average of $242.98 and a 200 day simple moving average of $261.40.

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

Genmab A/S Company Profile

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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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