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Sandoz Group (OTCMKTS:SDZNY) Reaches New 1-Year High - Time to Buy?

Sandoz Group logo with Medical background

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on SDZNY

Sandoz Group Trading Up 1.4%

The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.57. The business's fifty day moving average is $49.96 and its 200-day moving average is $45.63.

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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