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Sandoz Group (OTCMKTS:SDZNY) Reaches New 1-Year High - Still a Buy?

Sandoz Group logo with Medical background

Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $57.34 and last traded at $57.33, with a volume of 2748 shares changing hands. The stock had previously closed at $56.93.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on Sandoz Group

Sandoz Group Stock Up 0.6%

The business's fifty day moving average is $52.90 and its 200-day moving average is $46.87. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.24 and a quick ratio of 0.79.

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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