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Lonza Group (OTCMKTS:LZAGY) Sees Unusually-High Trading Volume - Time to Buy?

Lonza Group logo with Medical background

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report) shares saw strong trading volume on Tuesday . 258,831 shares changed hands during mid-day trading, an increase of 189% from the previous session's volume of 89,557 shares.The stock last traded at $69.72 and had previously closed at $69.67.

Lonza Group Price Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.04 and a current ratio of 1.52. The company has a 50 day moving average price of $69.61 and a two-hundred day moving average price of $65.54.

Lonza Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a $0.1054 dividend. This is an increase from Lonza Group's previous dividend of $0.10. This represents a yield of 0.15%. The ex-dividend date was Wednesday, May 14th.

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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