How to Buy Genmab A Stock
Genmab A
Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark.
Genmab A stock last closed at $27.46, down 3.55% from the previous day, and has decreased 33.2% in one year. It has underperformed other stocks in the Biotechnology industry by 0.1 percentage points. Genmab A stock is currently +4.33% from its 52-week low of $26.32, and -35.72% from its 52-week high of $42.72.
At the moment, there are 66.07M shares of GMAB outstanding. The market value of GMAB is $18.14B. In the last 24 hours, 436,363 GMAB shares were traded.
How to Buy Genmab A Stock
Wondering how to invest in Genmab A stock? Here's how.
- Decide where to buy Genmab A stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Genmab A stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Analyze Genmab A stock: The Genmab A ticker symbol is GMAB. Is Genmab A stock a good investment? Should you buy shares of GMAB? How do GMAB's underlying business fundamentals look? Do top analysts think Genmab A is a good buy? Why has GMAB's stock price moved recently? (Hint: Our stock market research website can help you decide if GMAB is a good stock to buy).
- Place your GMAB buy order: Decide if you will purchase GMAB shares at the current market price or use a limit order to buy GMAB stock at a specific price.
- Keep tabs on your GMAB investment: Create a watchlist to monitor your position in Genmab A shares.
Step 1: Decide where to buy Genmab A stock
You need an online brokerage account to access the NASDAQ market and buy GMAB shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can invest in GMAB today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the best stock app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Analyze Genmab A stock
Once you have decided on the best place to buy Genmab A stock, it's very important to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Genmab A stock data
Genmab A Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can view all of the due diligence checks on GMAB's stock page.
What is the fair value of GMAB stock?
You can use many financial metrics, analyses, models, and charts to gauge GMAB's intrinsic value.
Using relative valuations metrics:
- GMAB may be overvalued based on its P/E ratio of 28.31x, relative to Biotechnology industry P/E ratio of 15.41x
- GMAB could be undervalued based on its P/B ratio of 3.94x, relative to Biotechnology industry P/B ratio of 5.8x
- GMAB may be undervalued based on its PEG ratio of 0.59x
You can access additional valuation research on GMAB's stock here.
GMAB Financial Health Summary
Positive Financial Indicators:
- GMAB has a low debt to equity ratio of 0.12.
- There are more short-term assets than long-term liabilities on the GMAB balance sheet.
- GMAB's operating cash flow of $1.07B allows it to safely service it's debt of $112.08M.
- There are more short-term assets than short-term liabilities on the GMAB balance sheet.
Negative Financial Indicators:
- Total GMAB debt is higher than 5 years ago, relative to shareholder equity.
- GMAB profit margin has gone down from 37.6% to 26.4% in the past year.
- GMAB earnings of $1.03B is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy GMAB stock
Out of 4 Equities analysts who give recommendations on GMAB, the consensus analyst rating on Genmab A is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Genmab A stock forecast page.
GMAB Technicals
GMAB Revenue
Last year, GMAB earnings were $633.48M. Over the past 5 year, GMAB's earnings have gone up by 21.77% per year. This was faster than the Biotechnology industry average of 16%.
Last year, GMAB revenue was $2.40B. During the last 5 year, GMAB's revenue has gone up by 39.38% per year. This was faster than the Biotechnology industry average of 28.62%.
Dig into GMAB's earnings and revenue performance here.
Latest Insiders Trades at GMAB
Over the past year, executives and large shareholders at GMAB have not bought or sold any shares.
Dig into more about who owns GMAB shares here.
Does GMAB stock generate passive income?
No, Genmab A doesn't provide an income stream by paying out dividends.
What others are saying about GMAB
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your GMAB buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your GMAB investment
Now that you own some GMAB shares, you'll want to stay up-to-date on your investment.
Add GMAB to a watchlist to get notified of important updates regarding your GMAB stock.
GMAB Feed
How to Buy Stock in Genmab A
To reiterate, here are the 6 steps you need to take to buy Genmab A stock right now:
- Decide where to buy Genmab A stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Genmab A stock
- Place your GMAB buy order
- Keep tabs on your GMAB investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Genmab A, create your watchlist below.
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