GENMAB A/S/S (OTCMKTS:GMXAY) Shares Cross Below 50-Day Moving Average – Here’s Why

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $21.66 and traded as low as $20.50. GENMAB A/S/S shares last traded at $20.76, with a volume of 1,380,277 shares changing hands.

GENMAB A/S/S Trading Up 2.2 %

The company has a fifty day moving average price of $21.66 and a 200 day moving average price of $24.68.

About GENMAB A/S/S

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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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