Lonza Group AG (OTCMKTS:LZAGY) Short Interest Up 5,525.0% in January

Lonza Group AG (OTCMKTS:LZAGY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 22,500 shares, an increase of 5,525.0% from the December 31st total of 400 shares. Based on an average daily volume of 85,500 shares, the short-interest ratio is presently 0.3 days.

Lonza Group Price Performance

Lonza Group stock traded up $1.54 during midday trading on Thursday, reaching $65.16. 36,832 shares of the company’s stock were exchanged, compared to its average volume of 89,868. The stock’s 50-day simple moving average is $60.24 and its 200 day simple moving average is $61.95. The company has a current ratio of 2.04, a quick ratio of 1.38 and a debt-to-equity ratio of 0.39. Lonza Group has a 52 week low of $48.96 and a 52 week high of $67.00.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LZAGY. The Goldman Sachs Group upgraded Lonza Group to a “strong-buy” rating in a report on Wednesday, October 9th. Redburn Atlantic raised shares of Lonza Group to a “strong-buy” rating in a research note on Wednesday, November 27th.

About Lonza Group

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.