Lonza Group (OTCMKTS:LZAGY) Hits New 1-Year High – Here’s Why

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) reached a new 52-week high during trading on Thursday. The company traded as high as $77.39 and last traded at $77.39, with a volume of 305 shares. The stock had previously closed at $76.89.

Lonza Group Price Performance

The stock has a 50-day simple moving average of $70.54 and a two-hundred day simple moving average of $67.13. The company has a current ratio of 1.66, a quick ratio of 1.21 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) that supports pharmaceutical and biotechnology companies throughout the life cycle of their products. The company provides research, process development, testing, manufacturing, and regulatory support for therapies and other healthcare products, helping customers advance programs from early development through commercial production.

Lonza’s activities include the development and manufacture of biologics, small-molecule medicines, and cell and gene therapies.

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