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Genmab A/S (OTCMKTS:GNMSF) Shares Cross 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) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $211.01 and traded as high as $214.26. Genmab A/S shares last traded at $207.54, with a volume of 859 shares trading hands.

Genmab A/S Stock Performance

The stock has a market cap of $13.74 billion, a P/E ratio of 19.99 and a beta of 1.04. The firm's fifty day simple moving average is $211.01 and its 200-day simple moving average is $237.75.

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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