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Lonza Group (OTCMKTS:LZAGY) Stock Price Passes Below 50 Day Moving Average - Here's What Happened

Lonza Group logo with Medical background

Lonza Group AG (OTCMKTS:LZAGY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $63.64 and traded as low as $63.44. Lonza Group shares last traded at $63.85, with a volume of 43,050 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LZAGY. The Goldman Sachs Group raised Lonza Group to a "strong-buy" rating in a report on Wednesday, October 9th. Berenberg Bank raised Lonza Group to a "strong-buy" rating in a report on Sunday, June 23rd.

Get Our Latest Analysis on Lonza Group

Lonza Group Trading Up 0.6 %

The firm has a 50-day moving average of $63.64 and a two-hundred day moving average of $59.67.

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.

Further Reading

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