Lonza Group Ag (OTCMKTS:LZAGY) Short Interest Up 79.1% in July

Lonza Group Ag (OTCMKTS:LZAGY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 56,620 shares, a growth of 79.1% from the June 30th total of 31,620 shares. Based on an average daily volume of 88,554 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

Lonza Group Stock Performance

LZAGY stock traded up $1.05 during mid-day trading on Thursday, hitting $70.93. The stock had a trading volume of 16,630 shares, compared to its average volume of 79,677. Lonza Group has a 1-year low of $58.53 and a 1-year high of $73.85. The company has a fifty day moving average of $65.99 and a 200 day moving average of $65.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.77 and a current ratio of 2.24.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Lonza Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

About Lonza Group

Lonza Group is a Swiss multinational life sciences company that provides products and services to the pharmaceutical, biotech and specialty ingredients markets. Headquartered in Switzerland, the company operates globally with manufacturing and research facilities across Europe, North America and Asia, serving customers involved in drug discovery, development and commercial production. Lonza’s client base ranges from large pharmaceutical firms to emerging biotech companies and manufacturers of consumer health and specialty chemical products.

The company’s core activities center on contract development and manufacturing (CDMO) for small molecules and biologics, including process development, clinical and commercial-scale manufacturing, and fill–finish services.