WuXi AppTec (OTCMKTS:WUXIF) Trading Down 3.6% – Here’s Why

WuXi AppTec Co., Ltd. (OTCMKTS:WUXIFGet Free Report) shares fell 3.6% during mid-day trading on Tuesday . The company traded as low as $24.0450 and last traded at $24.0450. 953 shares were traded during mid-day trading, a decline of 64% from the average session volume of 2,647 shares. The stock had previously closed at $24.95.

WuXi AppTec Stock Down 3.6%

The company has a 50-day simple moving average of $22.31 and a 200 day simple moving average of $17.75.

About WuXi AppTec

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WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. The company provides end-to-end solutions spanning discovery biology, medicinal chemistry, preclinical safety assessment, clinical trial support, and large-scale manufacturing of small molecules, biologics and advanced therapies. By integrating scientific expertise with state-of-the-art laboratory and production facilities, WuXi AppTec enables clients to accelerate the development of new treatments while managing time and cost pressures.

Key service offerings include custom synthesis and process research for active pharmaceutical ingredients (APIs), biologics development and manufacturing, cell line development, gene therapy support, as well as comprehensive analytical and testing services.

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