GENMAB A/S/S (OTCMKTS:GMXAY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $21.06 and traded as low as $20.04. GENMAB A/S/S shares last traded at $20.20, with a volume of 1,747,545 shares changing hands.

GENMAB A/S/S Trading Down 2.9 %

The company’s 50-day moving average is $21.06 and its two-hundred day moving average is $22.20.

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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