Genmab A/S (OTCMKTS:GNMSF) Sees Large Volume Increase – Should You Buy?

Genmab A/S (OTCMKTS:GNMSFGet Free Report) saw strong trading volume on Monday . 20,026 shares traded hands during trading, an increase of 771% from the previous session’s volume of 2,300 shares.The stock last traded at $316.00 and had previously closed at $320.9925.

Genmab A/S Price Performance

The stock has a 50-day moving average of $308.44 and a 200 day moving average of $260.08. The company has a market capitalization of $20.88 billion, a PE ratio of 13.47 and a beta of 0.88.

Genmab A/S (OTCMKTS:GNMSFGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $6.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.86 by $1.60. Genmab A/S had a return on equity of 23.98% and a net margin of 41.36%.The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion.

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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