Lonza Group (OTCMKTS:LZAGY) Stock Price Up 2.2% - Time to Buy?

Lonza Group AG (OTCMKTS:LZAGY - Get Free Report) rose 2.2% on Friday . The stock traded as high as $69.72 and last traded at $69.66. Approximately 71,244 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 89,356 shares. The stock had previously closed at $68.18.

Lonza Group Stock Up 2.2%

The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average price of $67.32 and a two-hundred day moving average price of $63.91.

Lonza Group Increases Dividend

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

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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