Lonza Group AG (OTCMKTS:LZAGY – Get Free Report) saw 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 short-interest ratio is currently 0.2 days.
Lonza Group Price Performance
Shares of LZAGY traded up $1.39 during midday trading on Friday, reaching $59.88. The stock had a trading volume of 15,199 shares, compared to its average volume of 84,083. The company’s fifty day simple moving average is $61.74 and its two-hundred day simple moving average is $60.37. Lonza Group has a 1-year low of $36.71 and a 1-year high of $67.00.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded 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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