Sandoz Group AG (OTCMKTS:SDZNY - Get Free Report)'s stock price was down 1.3% on Tuesday . The stock traded as low as $38.06 and last traded at $39.72. Approximately 63,481 shares changed hands during trading, an increase of 49% from the average daily volume of 42,556 shares. The stock had previously closed at $40.23.
Wall Street Analyst Weigh In
Separately, UBS Group downgraded Sandoz Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 3rd.
Get Our Latest Analysis on Sandoz Group
Sandoz Group Price Performance
The company's 50 day simple moving average is $42.34 and its two-hundred day simple moving average is $43.61.
Sandoz Group Company Profile
(
Get Free Report)
Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sandoz 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 Sandoz Group wasn't on the list.
While Sandoz Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
