Lonza Group AG (OTCMKTS:LZAGY) Sees Large Drop in Short Interest

Lonza Group AG (OTCMKTS:LZAGY) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 7,100 shares, a decline of 49.3% from the February 13th total of 14,000 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 53,200 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic raised Lonza Group to a “strong-buy” rating in a report on Wednesday, November 27th.

Lonza Group Stock Up 1.9 %

OTCMKTS LZAGY traded up $1.15 during trading hours on Friday, hitting $62.13. 35,989 shares of the company were exchanged, compared to its average volume of 56,507. The stock has a 50-day moving average price of $63.66 and a 200 day moving average price of $62.34. The company has a current ratio of 1.52, a quick ratio of 1.38 and a debt-to-equity ratio of 0.45. Lonza Group has a 52 week low of $52.23 and a 52 week high of $68.29.

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.