Shares of WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $23.5850, but opened at $21.91. WuXi AppTec shares last traded at $22.11, with a volume of 2,186 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of WuXi AppTec from a “hold” rating to a “strong-buy” rating in a report on Tuesday. One equities research 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, WuXi AppTec currently has an average rating of “Strong Buy”.
Check Out Our Latest Report on WuXi AppTec
WuXi AppTec Price Performance
The stock’s 50-day moving average is $25.41 and its 200-day moving average is $19.36.
WuXi AppTec Company Profile
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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