Lonza Group AG (OTCMKTS:LZAGY – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 22,500 shares, an increase of 5,525.0% from the December 15th total of 400 shares. Based on an average daily trading volume, of 85,500 shares, the short-interest ratio is currently 0.3 days.
Lonza Group Stock Down 1.5 %
LZAGY stock traded down $0.89 during midday trading on Tuesday, hitting $59.57. The company’s stock had a trading volume of 61,827 shares, compared to its average volume of 44,061. Lonza Group has a 1 year low of $41.17 and a 1 year high of $67.00. The stock’s 50-day moving average price is $59.87 and its 200 day moving average price is $61.42.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on LZAGY shares. The Goldman Sachs Group upgraded Lonza Group to a “strong-buy” rating in a report on Wednesday, October 9th. Redburn Atlantic raised shares of Lonza Group to a “strong-buy” rating in a report 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.
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