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Lonza Group (OTCMKTS:LZAGY) Share Price Passes Below 50 Day Moving Average - Here's What Happened

Lonza Group logo with Medical background

Key Points

  • Lonza Group's shares fell below their 50-day moving average of $70.22, with the stock last trading at $69.76.
  • The company has solid financial ratios, including a current ratio of 1.52 and a debt-to-equity ratio of 0.45.
  • Lonza Group operates in various sectors, providing products and services for the pharmaceutical, biotech, and nutrition markets globally.
  • MarketBeat previews top five stocks to own in November.

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $70.22 and traded as low as $69.70. Lonza Group shares last traded at $69.76, with a volume of 30,556 shares traded.

Lonza Group Price Performance

The stock's 50 day moving average price is $70.18 and its 200-day moving average price is $68.07. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.52 and a quick ratio of 1.04.

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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