Genmab ADR (NASDAQ: GMAB) is -19.86% lower on its value in year-to-date trading and has touched a low of $17.24 and a high of $28.56 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 $20.68 in the last trading session, with the day’s loss setting it -19.2%.
Currently trading at $1.48M, the stock is -4.93% and -0.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.98 million and changing 5980041% at the moment leaves the stock -4.02% off its SMA200. GMAB registered -0.62% loss for a year compared to 6-month gain of 2.98%. The firm has a 50-day simple moving average (SMA 50) of $20.8438 and a 200-day simple moving average (SMA200) of $21.607876.
The stock witnessed a -1.38% loss in the last 1 month and extending the period to 3 months gives it a 7.52%, and is -9.27% 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 1.21% over the week and 1.98% over the month.
Genmab ADR (GMAB) has around 2682 employees, a market worth around $12.76B and $3.23B in sales. Current P/E ratio is 11.76 and Fwd P/E is 11.62. Profit margin for the company is 35.11%. Distance from 52-week low is 20.34% and -27.38% from its 52-week high. The company has generated returns on investments over the last 12 months (20.91%).
The EPS is expected to shrink by -10.51% this year.
Genmab ADR (GMAB) Top Institutional Holders
292.0 institutions hold shares in Genmab ADR (GMAB), with institutional investors hold 10.38% of the company’s shares. The shares outstanding are 635.50M, and float is at 615.07M with Short Float at 0.39%. Institutions hold 10.38% of the Float.
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 23.4845% 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 7.8301 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 4.23 million shares representing 6.5161% and valued at over $108.15 million, while HARDING LOEVNER LP holds 4.2657 of the shares totaling 2.77 million with a market value of $69.61 million.
