According to Zacks, “Genmab A/S is a biotechnology company that creates and develops human antibodies for the treatment of life-threatening and debilitating diseases. Genmab has numerous products in development to treat cancer, infectious disease, rheumatoid arthritis and other inflammatory conditions, and intends to continue assembling a broad portfolio of new therapeutic products. In addition, Genmab has developed UniBody, a new proprietary technology that creates a stable, smaller antibody format. Genmab has operations in Europe and the US. “
Separately, JPMorgan Chase & Co. assumed coverage on Genmab A/S in a research report on Tuesday, June 21st. They set a neutral rating on the stock.
Genmab A/S (OTCMKTS:GNMSF) opened at 158.25 on Tuesday. Genmab A/S has a 12 month low of $94.74 and a 12 month high of $183.00. The stock has a market cap of $9.47 billion, a price-to-earnings ratio of 94.70 and a beta of 0.75. The firm’s 50-day moving average price is $160.15 and its 200 day moving average price is $161.95.
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