WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $21.00 and last traded at $21.00, with a volume of 809 shares changing hands. The stock had previously closed at $20.21.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised WuXi AppTec to a “hold” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
View Our Latest Report on WUXAY
WuXi AppTec Stock Up 3.9%
WuXi AppTec (OTCMKTS:WUXAY – Get Free Report) last posted its earnings results on Monday, April 27th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.05. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.59 billion.
About WuXi AppTec
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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