Lonza Group (OTCMKTS:LZAGY) Reaches New 12-Month High – Still a Buy?

Shares of Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) hit a new 52-week high during trading on Monday. The company traded as high as $74.47 and last traded at $74.1050, with a volume of 11,246 shares trading hands. The stock had previously closed at $72.76.

Lonza Group Stock Up 2.6%

The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.42. The firm’s 50-day moving average price is $69.75 and its 200 day moving average price is $66.99.

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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