Lonza Group (OTCMKTS:LZAGY) Hits New 52-Week High – Still a Buy?

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report)’s stock price hit a new 52-week high on Thursday. The company traded as high as $77.39 and last traded at $77.39, with a volume of 305 shares traded. The stock had previously closed at $76.89.

Lonza Group Trading Up 1.2%

The company’s 50-day moving average is $70.54 and its two-hundred day moving average is $67.13. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.66 and a quick ratio of 1.21.

About Lonza Group

(Get Free Report)

Lonza Group AG is a Swiss contract development and manufacturing organization (CDMO) that supports pharmaceutical and biotechnology companies throughout the life cycle of their products. The company provides research, process development, testing, manufacturing, and regulatory support for therapies and other healthcare products, helping customers advance programs from early development through commercial production.

Lonza’s activities include the development and manufacture of biologics, small-molecule medicines, and cell and gene therapies.

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