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Genmab Already 5% Down, Almost Two Hours Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than two hours and Genmab‘s pre-market value is already 5.85% down.

Genmab’s last close was $31.61, 26.47% under its 52-week high of $42.99.

The last session, NASDAQ finished with Genmab (GMAB) sliding 0.88% to $31.61. NASDAQ rose 0.02% to $14,972.76, following the last session’s upward trend on what was a somewhat up trend trading session.

About Genmab

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; ofatumurnab, a human monoclonal antibody to treat chronic lymphocytic leukemia (CLL) and multiple sclerosis; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC. Its products include daratumumab to treat MM, non-MM blood cancers, and AL amyloidosis; GEN1047; tisotumab vedotin for treating cervical, ovarian, and solid cancers; DuoBody-PD-L1x4-1BB, and DuoBody-CD40x4-1BB for treating solid tumors; Epcoritamab for relapsed/refractory diffuse large B-cell lymphoma and chronic lymphocytic leukemia; and HexaBody-CD38 and DuoHexaBody-CD37 for treating hematological malignancies. The company also develops Teclistamab, which is in Phase 2 trial for vaso-occlusive crises; Camidanlumab tesirine to treat hodgkin lymphoma and solid tumors; JNJ-64007957 and JNJ-64407564 to treat MM; PRV-015 for treating celiac disease; Mim8 for treating haemophilia A; and Lu AF82422 for treating multiple system atrophy disease. In addition, it has approximately 20 active pre-clinical programs. The company has a commercial license and collaboration agreement with Seagen Inc. to co-develop tisotumab vedotin. It also has a collaboration agreement with CureVac AG for the research and development of differentiated mRNA-based antibody products; argenx to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology; and AbbVie for the development of epcoritamab, as well as collaborations with BioNTech, Janssen, Novo Nordisk A/S, BliNK Biomedical SAS, and Bolt Biotherapeutics, Inc. Genmab A/S was founded in 1999 and is headquartered in Copenhagen, Denmark.

Earnings Per Share

As for profitability, Genmab has a trailing twelve months EPS of $0.96.

PE Ratio

Genmab has a trailing twelve months price to earnings ratio of 32.93. Meaning, the purchaser of the share is investing $32.93 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 14.87%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.1%, now sitting on 17.02B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 3200% and 5440%, respectively.

More news about Genmab (GMAB).

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