WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report) shares passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $25.44 and traded as low as $24.73. WuXi AppTec shares last traded at $24.93, with a volume of 7,366 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of WuXi AppTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
Read Our Latest Stock Report on WUXAY
WuXi AppTec Stock Performance
The firm has a 50-day moving average of $25.44 and a 200-day moving average of $19.63.
WuXi AppTec Company Profile
WuXi AppTec is a contract research, development and manufacturing services provider for the pharmaceutical and biotechnology industries. Founded in 2000 and headquartered in Shanghai, the company supports clients in developing medicines and bringing them through stages of research, testing and production. Its services include drug discovery and development, laboratory testing, clinical research support and manufacturing. WuXi AppTec works across small-molecule and other therapeutic development, providing services intended to help clients advance programs from early research toward commercialization.
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