Lonza Group AG (OTCMKTS:LZAGY) Sees Significant Decrease in Short Interest

Lonza Group AG (OTCMKTS:LZAGY) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 200 shares, a drop of 98.9% from the November 15th total of 18,600 shares. Based on an average daily trading volume, of 286,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LZAGY shares. The Goldman Sachs Group upgraded Lonza Group to a “strong-buy” rating in a report on Wednesday, October 9th. Redburn Atlantic raised Lonza Group to a “strong-buy” rating in a research note on Wednesday, November 27th.

Lonza Group Price Performance

Shares of LZAGY stock traded up $2.11 on Friday, hitting $61.09. The stock had a trading volume of 26,841 shares, compared to its average volume of 89,897. Lonza Group has a twelve month low of $37.03 and a twelve month high of $67.00. The company has a fifty day moving average price of $61.06 and a two-hundred day moving average price of $60.52.

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.