Lonza Group (OTCMKTS:LZAGY) Shares Gap Down – Here’s What Happened

Lonza Group Ag (OTCMKTS:LZAGYGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $72.12, but opened at $68.70. Lonza Group shares last traded at $68.5260, with a volume of 2,269 shares changing hands.

Lonza Group Trading Down 1.4%

The company has a debt-to-equity ratio of 0.42, a current ratio of 2.24 and a quick ratio of 1.77. The firm’s fifty day moving average price is $70.59 and its 200 day moving average price is $66.05.

Lonza Group Company Profile

(Get Free Report)

Lonza Group is a Swiss multinational life sciences company that provides products and services to the pharmaceutical, biotech and specialty ingredients markets. Headquartered in Switzerland, the company operates globally with manufacturing and research facilities across Europe, North America and Asia, serving customers involved in drug discovery, development and commercial production. Lonza’s client base ranges from large pharmaceutical firms to emerging biotech companies and manufacturers of consumer health and specialty chemical products.

The company’s core activities center on contract development and manufacturing (CDMO) for small molecules and biologics, including process development, clinical and commercial-scale manufacturing, and fill–finish services.

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