Lonza Group (OTCMKTS:LZAGY) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Lonza Group AG (OTCMKTS:LZAGYGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $63.60 and traded as low as $60.77. Lonza Group shares last traded at $60.98, with a volume of 19,741 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Redburn Atlantic upgraded shares of Lonza Group to a “strong-buy” rating in a report on Wednesday, November 27th.

Get Our Latest Stock Report on Lonza Group

Lonza Group Stock Up 1.9 %

The stock’s fifty day moving average is $63.66 and its 200-day moving average is $62.34. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.38 and a current ratio of 1.52.

About Lonza Group

(Get Free Report)

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.

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