WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Reaches New 12-Month High – Here’s What Happened

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.15 and last traded at $13.03, with a volume of 1941 shares changing hands. The stock had previously closed at $12.91.

WuXi Biologics (Cayman) Stock Performance

The company’s 50-day moving average is $9.92 and its 200-day moving average is $9.30.

WuXi Biologics (Cayman) Company Profile

WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.

The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.