Lonza Group AG (OTCMKTS:LZAGY) Sees Large Decrease in Short Interest

Lonza Group AG (OTCMKTS:LZAGY - Get Free Report) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 14,700 shares, a decrease of 44.5% from the January 15th total of 26,500 shares. Based on an average trading volume of 268,700 shares, the days-to-cover ratio is currently 0.1 days.

Lonza Group Price Performance

OTCMKTS LZAGY traded up $0.30 on Monday, hitting $66.27. 13,986 shares of the company were exchanged, compared to its average volume of 93,993. Lonza Group has a 12 month low of $51.20 and a 12 month high of $68.29. The stock has a fifty day moving average of $61.94 and a 200-day moving average of $62.42. The company has a quick ratio of 1.38, a current ratio of 2.04 and a debt-to-equity ratio of 0.39.

Wall Street Analyst Weigh In

Separately, Redburn Atlantic raised shares of Lonza Group to a "strong-buy" rating in a research note on Wednesday, November 27th.

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.