Sandoz Group (OTCMKTS:SDZNY) Shares Gap Up – What’s Next?

Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY) gapped up prior to trading on Friday . The stock had previously closed at $70.74, but opened at $73.64. Sandoz Group shares last traded at $71.9995, with a volume of 969 shares traded.

Analyst Ratings Changes

SDZNY has been the topic of a number of research analyst reports. Jefferies Financial Group cut Sandoz Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 8th. Barclays upgraded Sandoz Group to a “strong-buy” rating in a research note on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Sandoz Group Stock Up 1.4%

The business’s 50 day moving average is $64.74 and its 200-day moving average is $59.39. The company has a quick ratio of 0.82, a current ratio of 1.29 and a debt-to-equity ratio of 0.62.

Sandoz Group Company Profile

Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.