Genmab ADR (NASDAQ: GMAB) is -25.60% lower on its value in year-to-date trading and has touched a low of $23.80 and a high of $35.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GMAB stock was last observed hovering at around $24.15 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $23.69, the stock is -8.58% and -11.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -1.90% at the moment leaves the stock -16.26% off its SMA200. GMAB registered -30.81% loss for a year compared to 6-month loss of -19.15%. The firm has a 50-day simple moving average (SMA 50) of $26.7442 and a 200-day simple moving average (SMA200) of $28.25075.
The stock witnessed a -13.57% gain in the last 1 month and extending the period to 3 months gives it a -5.81%, and is -0.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.31% over the week and 1.38% over the month.
Genmab ADR (GMAB) has around 2204 employees, a market worth around $15.04B and $2.75B in sales. Current P/E ratio is 19.45 and Fwd P/E is 16.47. Profit margin for the company is 29.06%. Distance from 52-week low is -0.46% and -33.97% from its 52-week high. The company has generated returns on investments over the last 12 months (17.43%).
The EPS is expected to grow by 31.97% this year
The shares outstanding are 653.30M, and float is at 635.05M with Short Float at 0.33%.
The top institutional shareholder in the company is ALLIANCEBERNSTEIN L.P. with over 15.24 million shares valued at $382.93 million. The investor’s holdings represent 23.334 of the GMAB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.08 million shares valued at $127.67 million to account for 7.78 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 4.23 million shares representing 6.4744 and valued at over $108.15 million, while HARDING LOEVNER LP holds 4.2384 of the shares totaling 2.77 million with a market value of $69.61 million.
