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

Sandoz Group logo with Medical background

Shares of Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $56.50 and last traded at $56.42, with a volume of 4406 shares traded. The stock had previously closed at $55.94.

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.

Read Our Latest Report on Sandoz Group

Sandoz Group Stock Down 1.1%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 1.24. The firm's 50 day simple moving average is $51.63 and its 200 day simple moving average is $46.28.

Sandoz Group Company Profile

(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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Should You Invest $1,000 in Sandoz Group Right Now?

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