Lonza Group (OTCMKTS:LZAGY) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Lonza Group Ag (OTCMKTS:LZAGYGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $70.09 and traded as low as $64.8450. Lonza Group shares last traded at $65.6750, with a volume of 68,803 shares trading hands.

Lonza Group Trading Up 1.1%

The firm’s 50 day moving average is $69.97 and its two-hundred day moving average is $65.93. The company has a current ratio of 2.24, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42.

Lonza Group Company Profile

(Get Free Report)

Lonza Group AG is a Swiss contract development and manufacturing organization (CDMO) serving the pharmaceutical, biotechnology and healthcare industries. The company supports customers across the product life cycle, from early-stage development and clinical supply through commercial manufacturing and related regulatory services.

Lonza’s activities include the development and production of biologic medicines, small-molecule pharmaceuticals, active pharmaceutical ingredients, drug products, and specialized therapies.

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