WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Here’s Why

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) shares gapped up prior to trading on Friday . The stock had previously closed at $12.61, but opened at $13.3399. WuXi Biologics (Cayman) shares last traded at $13.3399, with a volume of 1,041 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of WuXi Biologics (Cayman) to a “hold” rating in a research note on Friday, August 28th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

WuXi Biologics (Cayman) Trading Down 1.8%

The stock’s 50-day moving average is $11.38 and its 200-day moving average is $9.60.

About WuXi Biologics (Cayman)

WuXi Biologics (Cayman) is a global contract research, development and manufacturing organization (CRDMO) focused on biologic medicines. The company provides integrated services to pharmaceutical and biotechnology customers across the development cycle, from early-stage discovery and preclinical research through clinical development, regulatory support and commercial manufacturing.

Its capabilities include the development and production of monoclonal antibodies, recombinant proteins, vaccines, antibody-drug conjugates and other biologic modalities.