Lonza Group (OTCMKTS:LZAGY) Sets New 1-Year High – Here’s Why

Shares of Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) reached a new 52-week high on Wednesday. The stock traded as high as $81.49 and last traded at $81.48, with a volume of 4,752 shares traded. The stock had previously closed at $79.31.

Lonza Group Price Performance

The company has a 50 day simple moving average of $70.96 and a 200-day simple moving average of $67.30. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.21 and a current ratio of 1.66.

Lonza Group Company Profile

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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.

Further Reading

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