Genmab ADR (NASDAQ: GMAB) is -3.07% lower on its value in year-to-date trading and has touched a low of $19.85 and a high of $31.88 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 $21.64 in the last trading session, with the day’s loss setting it -1.41%.
Currently trading at $20.23, the stock is -3.55% and -5.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -6.52% at the moment leaves the stock -20.63% off its SMA200. GMAB registered -36.00% loss for a year compared to 6-month loss of -25.07%. The firm has a 50-day simple moving average (SMA 50) of $21.386 and a 200-day simple moving average (SMA200) of $25.53775.
The stock witnessed a -2.03% gain in the last 1 month and extending the period to 3 months gives it a -14.50%, and is -8.79% 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 2.12% over the week and 1.96% over the month.
Genmab ADR (GMAB) has around 2204 employees, a market worth around $12.85B and $2.87B in sales. Current P/E ratio is 19.49 and Fwd P/E is 15.17. Profit margin for the company is 23.49%. Distance from 52-week low is 1.91% and -36.54% from its 52-week high. The company has generated returns on investments over the last 12 months (13.73%).
with sales reaching $6.37B over the same period.The EPS is expected to grow by 27.25% this year, but quarterly earnings will post 28.90% year-over-year. Quarterly sales are estimated to grow 36.14% in year-over-year returns.
The shares outstanding are 635.24M, and float is at 635.23M with Short Float at 0.22%.
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.
