WuXi AppTec (OTCMKTS:WUXAY) Sets New 12-Month High – Still a Buy?

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAYGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $21.4750 and last traded at $21.4750, with a volume of 1900 shares trading hands. The stock had previously closed at $19.78.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of WuXi AppTec to a “hold” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, WuXi AppTec currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on WUXAY

WuXi AppTec Stock Up 5.8%

The company has a 50 day moving average of $18.32 and a 200 day moving average of $16.43.

About WuXi AppTec

(Get Free Report)

WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. Headquartered in Shanghai and founded in 2000, the company provides end-to-end solutions that span drug discovery, development and manufacturing. Its offerings enable customers to accelerate the research and development process for small molecules, biologics, cell and gene therapies, as well as medical devices.

Key services include chemistry and biology discovery support, preclinical safety assessment, analytical and formulation development, clinical manufacturing, large-scale biomanufacturing, and quality testing.

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