GENMAB A/S/S (OTCMKTS:GMXAY) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report) shares 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 traded.

GENMAB A/S/S Price Performance

The firm’s 50-day moving average price is $21.57 and its 200-day moving average price is $24.62.

About GENMAB A/S/S

(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).

Further Reading

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