Short Interest in Lonza Group AG (OTCMKTS:LZAGY) Expands By 5,525.0%

Lonza Group AG (OTCMKTS:LZAGY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 22,500 shares, an increase of 5,525.0% from the December 31st total of 400 shares. Based on an average trading volume of 85,500 shares, the days-to-cover ratio is currently 0.3 days.

Lonza Group Trading Up 1.3 %

Shares of LZAGY opened at $65.97 on Wednesday. The business has a 50-day simple moving average of $59.99 and a two-hundred day simple moving average of $61.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.38 and a current ratio of 2.04. Lonza Group has a 52 week low of $48.96 and a 52 week high of $67.00.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group raised shares of Lonza Group to a “strong-buy” rating in a report on Wednesday, October 9th. Redburn Atlantic upgraded shares of Lonza Group to a “strong-buy” rating in a research note on Wednesday, November 27th.

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.