Genmab A/S (OTCMKTS:GNMSF) Shares Gap Up – Time to Buy?

Genmab A/S (OTCMKTS:GNMSF)’s share price gapped up before the market opened 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 traded.

Genmab A/S Trading Up 2.5%

The company has a fifty day simple moving average of $307.46 and a 200-day simple moving average of $267.33. The company has a market capitalization of $22.02 billion, a PE ratio of 14.21 and a beta of 0.88.

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

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.