WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $23.16, but opened at $25.72. WuXi AppTec shares last traded at $25.4155, with a volume of 952 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded WuXi AppTec from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, WuXi AppTec has a consensus rating of “Moderate Buy”.
View Our Latest Report on WuXi AppTec
WuXi AppTec Stock Up 15.5%
The stock has a 50 day simple moving average of $25.43 and a two-hundred day simple moving average of $19.31.
About WuXi AppTec
WuXi AppTec is a global pharmaceutical and biotechnology services company that provides contract research, development and manufacturing services. The company supports drug developers throughout the product life cycle, from early-stage discovery and laboratory testing through clinical development and commercial production.
Its offerings include medicinal and synthetic chemistry, biology research, preclinical and clinical testing, regulatory support, pharmaceutical manufacturing, and the development and manufacturing of advanced therapies.
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