Sandoz Group (OTCMKTS:SDZNY) Shares Down 1% – Here’s Why

Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) traded down 1% on Friday . The company traded as low as $44.46 and last traded at $44.62. 23,381 shares traded hands during trading, a decline of 31% from the average session volume of 33,707 shares. The stock had previously closed at $45.06.

Wall Street Analyst Weigh In

Separately, BNP Paribas downgraded shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd.

Check Out Our Latest Analysis on Sandoz Group

Sandoz Group Price Performance

The stock has a 50 day simple moving average of $43.09 and a 200 day simple moving average of $42.34.

About Sandoz Group

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Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.

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