Lonza Group (OTCMKTS:LZAGY) Shares Gap Up – Should You Buy?

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $68.05, but opened at $73.2650. Lonza Group shares last traded at $72.76, with a volume of 1,216 shares changing hands.

Lonza Group Price Performance

The firm’s 50-day moving average is $69.59 and its two-hundred day moving average is $66.81. The company has a quick ratio of 1.21, a current ratio of 1.66 and a debt-to-equity ratio of 0.42.

About Lonza Group

(Get Free Report)

Lonza Group AG is a Switzerland-based contract development and manufacturing organization (CDMO) serving the pharmaceutical, biotechnology and healthcare industries. The company helps customers research, develop and manufacture medicines and other healthcare products, providing services across various stages of the product life cycle.

Its activities include the development and production of biologic medicines, small-molecule pharmaceuticals, active pharmaceutical ingredients, bioconjugates, cell and gene therapies, and other advanced therapeutic modalities.

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