Genmab A/S (OTCMKTS:GNMSF) Cut to Sell at Zacks Investment Research
Genmab A/S (OTCMKTS:GNMSF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday.
According to Zacks, “Genmab A/S is a biotechnology company that creates and develops human antibodies for the treatment of life-threatening and debilitating diseases. Genmab has numerous products in development to treat cancer, infectious disease, rheumatoid arthritis and other inflammatory conditions, and intends to continue assembling a broad portfolio of new therapeutic products. In addition, Genmab has developed UniBody, a new proprietary technology that creates a stable, smaller antibody format. Genmab has operations in Europe and the US. “
Genmab A/S (GNMSF) remained flat at $218.00 during trading on Friday. The stock had a trading volume of 198 shares. Genmab A/S has a 52-week low of $158.25 and a 52-week high of $225.50. The stock’s 50 day moving average is $218.51 and its 200-day moving average is $204.01. The company has a market capitalization of $13.24 billion, a P/E ratio of 70.16 and a beta of 1.08.
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