Lonza Group AG to Issue Dividend of $0.10 (OTCMKTS:LZAGY)

Lonza Group AG (OTCMKTS:LZAGY) declared a dividend on Tuesday, May 7th, NASDAQ reports. Shareholders of record on Thursday, May 16th will be given a dividend of 0.0995 per share on Wednesday, May 29th. The ex-dividend date is Wednesday, May 15th.

Lonza Group Stock Up 0.1 %

OTCMKTS LZAGY traded up $0.04 during trading hours on Tuesday, reaching $57.36. The company’s stock had a trading volume of 27,645 shares, compared to its average volume of 147,369. Lonza Group has a 52 week low of $34.19 and a 52 week high of $66.00. The company has a quick ratio of 1.20, a current ratio of 1.77 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $56.45 and a 200-day simple moving average of $47.18.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Lonza Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

Lonza Group Company Profile

Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments. The Biologics segment engages in the contract development and manufacturing of biopharmaceuticals for clinical and commercial manufacturing needs throughout the product lifecycle, including drug substance and drug product manufacturing.