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

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

Lonza Group Price Performance

LZAGY traded up $0.04 during mid-day trading on Tuesday, hitting $57.36. 27,645 shares of the stock were exchanged, compared to its average volume of 147,369. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.77 and a quick ratio of 1.20. The firm’s fifty day moving average is $56.45 and its two-hundred day moving average is $47.18. 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 upgraded Lonza Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

About Lonza Group

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.