Lonza Group AG (OTCMKTS:LZAGY) Short Interest Down 98.9% in November

Lonza Group AG (OTCMKTS:LZAGY) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, a drop of 98.9% from the November 15th total of 18,600 shares. Based on an average daily volume of 286,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. The Goldman Sachs Group upgraded Lonza Group to a “strong-buy” rating in a research report on Wednesday, October 9th. Redburn Atlantic upgraded shares of Lonza Group to a “strong-buy” rating in a research note on Wednesday, November 27th.

Lonza Group Stock Up 3.6 %

OTCMKTS LZAGY traded up $2.11 during trading on Friday, reaching $61.09. 26,841 shares of the company traded hands, compared to its average volume of 89,897. Lonza Group has a 1-year low of $37.03 and a 1-year high of $67.00. The stock’s 50 day moving average price is $61.06 and its two-hundred day moving average price is $60.52.

Lonza Group Company Profile

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.