Lonza Group (OTCMKTS:LZAGY) Sees Unusually-High Trading Volume – Still a Buy?

Lonza Group Ag (OTCMKTS:LZAGY) saw unusually-high trading volume on Monday . Approximately 237,948 shares were traded during mid-day trading, an increase of 216% from the previous session’s volume of 75,345 shares.The stock last traded at $65.13 and had previously closed at $65.46.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Lonza Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Lonza Group Stock Performance

The firm’s fifty day moving average is $69.62 and its 200 day moving average is $68.36. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.45.

Lonza Group Company Profile

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.