Lonza Group (OTCMKTS:LZAGY) Hits New 12-Month High – Still a Buy?

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) shares hit a new 52-week high on Monday. The stock traded as high as $74.47 and last traded at $74.1050, with a volume of 11,246 shares trading hands. The stock had previously closed at $72.76.

Lonza Group Stock Performance

The business has a 50-day moving average price of $69.59 and a 200-day moving average price of $66.84. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.42.

About Lonza Group

(Get Free Report)

Lonza Group AG is a Swiss contract development and manufacturing organization (CDMO) that supports pharmaceutical and biotechnology companies throughout the life cycle of their products. The company provides research, process development, testing, manufacturing, and regulatory support for therapies and other healthcare products, helping customers advance programs from early development through commercial production.

Lonza’s activities include the development and manufacture of biologics, small-molecule medicines, and cell and gene therapies.

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