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Sandoz Group (OTCMKTS:SDZNY) Shares Gap Up - Still a Buy?

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 trading hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on SDZNY

Sandoz Group Stock Performance

The business has a 50-day moving average price of $47.08 and a 200-day moving average price of $44.70. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.79 and a current ratio of 1.24.

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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