WuXi AppTec (OTCMKTS:WUXAY) Shares Gap Up – Here’s What Happened

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $24.40, but opened at $25.2430. WuXi AppTec shares last traded at $25.2430, with a volume of 884 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised WuXi AppTec from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

Read Our Latest Research Report on WuXi AppTec

WuXi AppTec Trading Up 2.3%

The firm has a fifty day moving average of $21.92 and a 200 day moving average of $17.88.

WuXi AppTec Company Profile

(Get Free Report)

WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. Headquartered in Shanghai and founded in 2000, the company provides end-to-end solutions that span drug discovery, development and manufacturing. Its offerings enable customers to accelerate the research and development process for small molecules, biologics, cell and gene therapies, as well as medical devices.

Key services include chemistry and biology discovery support, preclinical safety assessment, analytical and formulation development, clinical manufacturing, large-scale biomanufacturing, and quality testing.

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