WuXi AppTec (OTCMKTS:WUXAY) Shares Gap Up – What’s Next?

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAYGet Free Report)’s stock price 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.

Analysts Set New Price Targets

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

Get Our Latest Report on WuXi AppTec

WuXi AppTec Stock Down 0.9%

The business has a fifty day moving average of $22.21 and a 200 day moving average of $17.99.

About WuXi AppTec

(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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