Lonza Group AG (OTCMKTS:LZAGY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $63.33 and traded as low as $62.85. Lonza Group shares last traded at $62.99, with a volume of 23,970 shares.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Lonza Group to a "strong-buy" rating in a report on Wednesday, October 9th.
Check Out Our Latest Stock Analysis on LZAGY
Lonza Group Trading Up 2.1 %
The company's fifty day moving average price is $63.33 and its 200-day moving average price is $59.90.
Lonza Group Company Profile
(
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.
See Also
Before you consider Lonza Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lonza Group wasn't on the list.
While Lonza Group currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
