GENMAB A/S/S (OTCMKTS:GMXAY) Stock Passes Below Fifty Day Moving Average – Here’s Why

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.42 and traded as low as $22.73. GENMAB A/S/S shares last traded at $23.12, with a volume of 2,491,240 shares.

GENMAB A/S/S Stock Performance

The company’s 50 day moving average is $25.42 and its 200-day moving average is $26.89.

GENMAB A/S/S Company Profile

(Get Free Report)

Genmab A/S, a biotechnology company, develops antibody therapeutics for the treatment of cancer primarily in Denmark. The company markets DARZALEX, a human IgG1k monoclonal antibody for the treatment of patients with multiple myeloma (MM); and Arzerra, a human IgG1k monoclonal antibody for the treatment of chronic lymphocytic leukemia (CLL).

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