GENMAB A/S/S (OTCMKTS:GMXAY) Share Price Passes Below 50 Day Moving Average – Should You Sell?

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-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 traded.

GENMAB A/S/S Price Performance

The business has a fifty day simple moving average of $25.42 and a 200-day simple moving average of $26.91.

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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