WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Still a Buy?

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $9.50, but opened at $10.03. WuXi Biologics (Cayman) shares last traded at $9.6440, with a volume of 24,206 shares.

WuXi Biologics (Cayman) Stock Up 2.9%

The stock’s fifty day simple moving average is $8.56 and its two-hundred day simple moving average is $9.03.

About WuXi Biologics (Cayman)

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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.

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