Lonza Group AG (OTCMKTS:LZAGY – Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 18,600 shares, a growth of 500.0% from the October 31st total of 3,100 shares. Based on an average trading volume of 116,500 shares, the days-to-cover ratio is presently 0.2 days.
Lonza Group Stock Performance
Shares of Lonza Group stock traded up $1.39 during midday trading on Friday, hitting $59.88. The company’s stock had a trading volume of 15,199 shares, compared to its average volume of 84,083. Lonza Group has a 1-year low of $36.71 and a 1-year high of $67.00. The stock has a 50-day simple moving average of $61.74 and a 200-day simple moving average of $60.37.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Lonza Group to a “strong-buy” rating in a research report on Wednesday, October 9th.
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.
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