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

Lonza Group AG (OTCMKTS:LZAGY) saw a large increase in short interest in the month of 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 days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

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

Lonza Group Stock Performance

LZAGY stock opened at $65.97 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.38 and a current ratio of 2.04. Lonza Group has a twelve month low of $48.96 and a twelve month high of $67.00. The stock’s 50 day moving average is $59.99 and its 200-day moving average is $61.88.

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.