Lonza Group (OTCMKTS:LZAGY) Shares Down 0.4% - Here's Why

Key Points

• Lonza Group's stock price decreased by 0.4% to $69.77, with trading volume down 54% from the average.
• Zacks Research has downgraded Lonza Group's rating from "strong-buy" to "hold."
• The company's stock has an average rating of "Buy", with one analyst giving a strong buy and another a hold rating.

Lonza Group Ag (OTCMKTS:LZAGY - Get Free Report)'s stock price dropped 0.4% on Monday . The company traded as low as $69.59 and last traded at $69.77. Approximately 40,672 shares changed hands during trading, a decline of 54% from the average daily volume of 88,283 shares. The stock had previously closed at $70.04.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Lonza Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Lonza Group has an average rating of "Buy".

Lonza Group Stock Performance

The stock's 50 day moving average is $68.96 and its 200-day moving average is $68.91.

Lonza Group Company Profile

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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