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

Lonza Group Ag (OTCMKTS:LZAGYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $73.66 and last traded at $73.66, with a volume of 1472 shares trading hands. The stock had previously closed at $70.23.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Lonza Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Lonza Group currently has an average rating of “Buy”.

Check Out Our Latest Stock Report on Lonza Group

Lonza Group Stock Performance

The stock’s 50 day simple moving average is $69.22 and its 200-day simple moving average is $69.19.

About Lonza Group

(Get Free Report)

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe, North and Central America, Latin America, Asia, Australia, New Zealand, and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments.

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