WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report)’s share price gapped down before the market opened on Tuesday. The stock had previously closed at $25.01, but opened at $24.00. WuXi AppTec shares last traded at $23.40, with a volume of 2,642 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of WuXi AppTec from a “strong-buy” rating to a “hold” rating in a research note 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, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on WUXAY
WuXi AppTec Price Performance
The firm has a 50-day moving average price of $25.73 and a 200-day moving average price of $19.03.
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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