Sandoz Group (OTCMKTS:SDZNY) Shares Down 1% – Time to Sell?

Shares of Sandoz Group AG (OTCMKTS:SDZNYGet Free Report) dropped 1% during mid-day trading on Friday . The company traded as low as $44.46 and last traded at $44.62. Approximately 23,381 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 33,707 shares. The stock had previously closed at $45.06.

Analysts Set New Price Targets

Separately, BNP Paribas cut shares of Sandoz Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 2nd.

View Our Latest Analysis on SDZNY

Sandoz Group Stock Down 1.0 %

The firm’s 50 day simple moving average is $43.09 and its 200 day simple moving average is $42.34.

Sandoz Group Company Profile

(Get Free Report)

Sandoz Group AG develops, manufactures, and markets generic pharmaceuticals and biosimilars worldwide. The company covers therapeutic areas, including cardiovascular, central nervous system, oncology, infectious diseases, pain and respiratory, diabetes, immunology, endocrinology, hematology, and ophthalmology, as well as bone disease.

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