Genmab ADR (NASDAQ: GMAB) is -28.45% lower on its value in year-to-date trading and has touched a low of $22.22 and a high of $32.89 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 $22.56 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $22.78, the stock is -1.08% and -8.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 0.98% at the moment leaves the stock -16.61% off its SMA200. GMAB registered -18.47% loss for a year compared to 6-month loss of -21.53%. The firm has a 50-day simple moving average (SMA 50) of $24.8674 and a 200-day simple moving average (SMA200) of $27.3487.
The stock witnessed a -3.02% gain in the last 1 month and extending the period to 3 months gives it a -13.94%, and is -1.56% 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 0.95% over the week and 1.22% over the month.
Genmab ADR (GMAB) has around 2204 employees, a market worth around $14.47B and $2.75B in sales. Current P/E ratio is 18.70 and Fwd P/E is 16.37. Profit margin for the company is 29.06%. Distance from 52-week low is 2.52% and -30.74% from its 52-week high. The company has generated returns on investments over the last 12 months (17.43%).
with sales reaching $828.46M over the same period.The EPS is expected to grow by 30.93% this year, but quarterly earnings will post 29.00% year-over-year. Quarterly sales are estimated to grow 19.70% in year-over-year returns.
Genmab ADR (GMAB) Top Institutional Holders
The shares outstanding are 653.30M, and float is at 635.05M with Short Float at 0.30%.
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.
Genmab ADR (GMAB) Insider Activity
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