WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – What’s Next?

Shares of WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWYGet Free Report) gapped up prior to trading 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 changing hands.

WuXi Biologics (Cayman) Stock Up 0.2%

The firm’s 50 day moving average price is $8.61 and its two-hundred day moving average price is $9.05.

WuXi Biologics (Cayman) Company Profile

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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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