Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 16,610 shares, a drop of 70.7% from the July 15th total of 56,620 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 100,225 shares, the days-to-cover ratio is currently 0.2 days.
Lonza Group Stock Performance
OTCMKTS LZAGY opened at $69.57 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.24 and a debt-to-equity ratio of 0.42. The business has a 50-day moving average price of $67.38 and a 200-day moving average price of $65.63. Lonza Group has a twelve month low of $58.53 and a twelve month high of $73.85.
Lonza Group Company Profile
Lonza Group is a Swiss multinational life sciences company that provides products and services to the pharmaceutical, biotech and specialty ingredients markets. Headquartered in Switzerland, the company operates globally with manufacturing and research facilities across Europe, North America and Asia, serving customers involved in drug discovery, development and commercial production. Lonza’s client base ranges from large pharmaceutical firms to emerging biotech companies and manufacturers of consumer health and specialty chemical products.
The company’s core activities center on contract development and manufacturing (CDMO) for small molecules and biologics, including process development, clinical and commercial-scale manufacturing, and fill–finish services.
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