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Lonza Group (OTCMKTS:LZAGY) Sees Unusually-High Trading Volume - Still a Buy?

Lonza Group logo with Medical background

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report) saw an uptick in trading volume on Monday . 155,231 shares traded hands during mid-day trading, an increase of 81% from the previous session's volume of 85,890 shares.The stock last traded at $68.79 and had previously closed at $68.22.

Lonza Group Price Performance

The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.45. The firm's 50-day moving average is $68.88 and its 200-day moving average is $64.70.

Lonza Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.1054 per share. This is a positive change from Lonza Group's previous dividend of $0.10. This represents a yield of 0.15%. The ex-dividend date was Wednesday, May 14th.

Lonza Group Company Profile

(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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