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

Lonza Group AG (OTCMKTS:LZAGY) announced 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 of this dividend is Wednesday, May 15th.

Lonza Group Trading Up 0.1 %

Shares of LZAGY traded up $0.04 during mid-day trading on Wednesday, hitting $57.36. 27,645 shares of the company traded hands, compared to its average volume of 147,369. The business has a 50 day moving average of $56.54 and a 200 day moving average of $47.33. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.20 and a current ratio of 1.77. Lonza Group has a 1-year low of $34.19 and a 1-year high of $66.00.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised Lonza Group from a “hold” rating to a “buy” rating in a research 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.