Short Interest in Lonza Group Ag (OTCMKTS:LZAGY) Decreases By 41.7%

by · The Cerbat Gem

Lonza Group Ag (OTCMKTS:LZAGY – Get Free Report) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 25,700 shares, adropof41.7% from the July 31st total of 44,100 shares. Based on an average daily volume of 61,400 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 61,400 shares, the days-to-cover ratio is presently 0.4 days.

Lonza Group Price Performance

Shares of OTCMKTS LZAGY traded down $0.69 during mid-day trading on Monday, reaching $71.67. 13,507 shares of the company’s stock were exchanged, compared to its average volume of 77,126. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.45. The business has a fifty day simple moving average of $70.22 and a 200 day simple moving average of $67.82. Lonza Group has a twelve month low of $55.57 and a twelve month high of $73.29.

Lonza Group Company Profile

(Get Free Report)

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe, North and Central America, Latin America, Asia, Australia, New Zealand, and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments.

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