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Lonza Group (OTCMKTS:LZAGY) Stock Price Crosses Below 50 Day Moving Average - Here's Why

Lonza Group logo with Medical background

Lonza Group AG (OTCMKTS:LZAGY - Get Free Report) shares passed 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.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on Lonza Group

Lonza Group Price Performance

The stock's 50 day simple moving average is $64.21 and its 200 day simple moving average is $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

(Get Free Report)

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.

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