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

GENMAB A/S/S (OTCMKTS:GMXAYGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.68 and traded as low as $20.03. GENMAB A/S/S shares last traded at $20.92, with a volume of 1,872,721 shares trading hands.

GENMAB A/S/S Stock Up 6.2 %

The company’s 50 day moving average price is $20.68 and its 200 day moving average price is $23.22.

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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