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Sandoz Group (OTCMKTS:SDZNY) Shares Gap Up - Here's What Happened

Sandoz Group logo with Medical background

Sandoz Group AG Sponsored ADR (OTCMKTS:SDZNY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $51.99, but opened at $53.65. Sandoz Group shares last traded at $53.36, with a volume of 5,968 shares traded.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Sandoz Group

Sandoz Group Stock Performance

The company has a fifty day simple moving average of $46.19 and a two-hundred day simple moving average of $44.51. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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