Short Interest in Lonza Group AG (OTCMKTS:LZAGY) Decreases By 98.9%

Lonza Group AG (OTCMKTS:LZAGY) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, a drop of 98.9% from the November 15th total of 18,600 shares. Based on an average trading volume of 286,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LZAGY shares. Redburn Atlantic upgraded Lonza Group to a “strong-buy” rating in a report on Wednesday, November 27th. The Goldman Sachs Group upgraded shares of Lonza Group to a “strong-buy” rating in a research note on Wednesday, October 9th.

Lonza Group Price Performance

Shares of LZAGY traded down $1.45 during midday trading on Friday, hitting $59.64. The company had a trading volume of 34,973 shares, compared to its average volume of 82,164. Lonza Group has a 52 week low of $38.06 and a 52 week high of $67.00. The company’s 50 day moving average price is $61.06 and its 200 day moving average price is $60.52.

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.