Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 8,286 shares, a decrease of 70.1% from the May 31st total of 27,683 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 150,990 shares, the days-to-cover ratio is presently 0.1 days.
Lonza Group Stock Down 0.6%
LZAGY stock traded down $0.38 during midday trading on Friday, reaching $65.94. 25,074 shares of the company’s stock traded hands, compared to its average volume of 64,514. Lonza Group has a 52-week low of $58.53 and a 52-week high of $73.85. The company has a quick ratio of 1.77, a current ratio of 2.24 and a debt-to-equity ratio of 0.42. The stock’s 50-day moving average is $62.75 and its 200 day moving average is $65.19.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Lonza Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Lonza Group has a consensus rating of “Moderate Buy”.
About Lonza Group
Lonza Group is a Swiss multinational life sciences company that provides products and services to the pharmaceutical, biotech and specialty ingredients markets. Headquartered in Switzerland, the company operates globally with manufacturing and research facilities across Europe, North America and Asia, serving customers involved in drug discovery, development and commercial production. Lonza’s client base ranges from large pharmaceutical firms to emerging biotech companies and manufacturers of consumer health and specialty chemical products.
The company’s core activities center on contract development and manufacturing (CDMO) for small molecules and biologics, including process development, clinical and commercial-scale manufacturing, and fill–finish services.
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