Lonza Group (OTCMKTS:LZAGY) Sets New 52-Week High – Still a Buy?

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $81.49 and last traded at $81.48, with a volume of 4,752 shares. The stock had previously closed at $79.31.

Lonza Group Stock Up 2.2%

The firm has a 50 day simple moving average of $70.96 and a 200 day simple moving average of $67.30. The company has a quick ratio of 1.21, a current ratio of 1.66 and a debt-to-equity ratio of 0.42.

Lonza Group Company Profile

(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.

Further Reading

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