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Sandoz Group (OTCMKTS:SDZNY) Hits New 52-Week High - Time to Buy?

Sandoz Group logo with Medical background

Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $54.75 and last traded at $54.70, with a volume of 2168 shares trading hands. The stock had previously closed at $54.06.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada upgraded Sandoz Group from a "hold" rating to a "moderate buy" rating in a report on Friday, May 2nd.

Read Our Latest Analysis on SDZNY

Sandoz Group Trading Up 0.0%

The firm has a fifty day moving average price of $50.42 and a 200 day moving average price of $45.76. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 1.24.

About Sandoz Group

(Get Free Report)

Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.

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