Lonza Group (OTCMKTS:LZAGY) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Lonza Group AG (OTCMKTS:LZAGY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $64.00 and traded as low as $63.77. Lonza Group shares last traded at $64.21, with a volume of 36,640 shares traded.

Analysts Set New Price Targets

Separately, Redburn Atlantic raised Lonza Group to a “strong-buy” rating in a report on Wednesday, November 27th.

Lonza Group Stock Up 0.3 %

The company has a 50 day moving average price of $64.00 and a 200-day moving average price of $62.30. The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.45.

About Lonza Group

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.