Genmab A/S (OTCMKTS:GNMSF) Shares Gap Up – Here’s Why

Genmab A/S (OTCMKTS:GNMSF) gapped up prior to trading on Wednesday . The stock had previously closed at $325.00, but opened at $334.00. Genmab A/S shares last traded at $334.00, with a volume of 2,400 shares trading hands.

Genmab A/S Stock Performance

The company has a market capitalization of $22.02 billion, a PE ratio of 14.21 and a beta of 0.88. The stock has a 50 day moving average price of $307.51 and a two-hundred day moving average price of $268.24.

Genmab A/S (OTCMKTS:GNMSF) last posted its earnings results 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. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. Genmab A/S had a net margin of 41.36% and a return on equity of 23.98%.

About Genmab A/S

Genmab A/S is a biotechnology company specializing in the discovery and development of antibody therapeutics for the treatment of cancer and other serious diseases. The company’s core expertise lies in its proprietary antibody platforms, including DuoBody®, HexaBody® and HexElect®, which enable the design and engineering of novel bispecific and enhanced-effector antibodies. Genmab’s science-driven approach integrates advanced protein engineering with insights into tumor biology to generate candidates that can engage the immune system, disrupt disease pathways and offer potential safety and efficacy advantages over conventional therapies.

Founded in 1999 and headquartered in Copenhagen, Denmark, Genmab has grown into a global organization with research and development facilities in Utrecht, the Netherlands, and commercial and clinical support offices in the United States.