Lonza Group (OTCMKTS:LZAGY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Lonza Group AG (OTCMKTS:LZAGYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $60.62 and traded as low as $58.53. Lonza Group shares last traded at $59.99, with a volume of 22,978 shares traded.

Analyst Ratings Changes

A number of brokerages recently commented on LZAGY. The Goldman Sachs Group raised shares of Lonza Group to a “strong-buy” rating in a research note on Wednesday, October 9th. Redburn Atlantic raised Lonza Group to a “strong-buy” rating in a research note on Wednesday, November 27th.

Read Our Latest Research Report on Lonza Group

Lonza Group Stock Down 0.7 %

The firm’s 50 day moving average is $60.54 and its two-hundred day moving average is $60.88.

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.

Further Reading

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