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

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) gapped up before the market opened on Thursday. The stock had previously closed at $13.62, but opened at $14.3355. WuXi Biologics (Cayman) shares last traded at $14.30, with a volume of 1,079 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of WuXi Biologics (Cayman) to a “hold” rating in a research report on Friday, August 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, WuXi Biologics (Cayman) has a consensus rating of “Hold”.

WuXi Biologics (Cayman) Stock Performance

The firm has a 50 day simple moving average of $12.06 and a 200-day simple moving average of $9.87.

WuXi Biologics (Cayman) Company Profile

WuXi Biologics (Cayman) Inc is a global contract research, development and manufacturing organization (CRDMO) focused on biologic medicines. The company works with pharmaceutical and biotechnology customers to support the development and production of biologic therapies, including monoclonal antibodies, recombinant proteins, vaccines and other complex biological products.

Its services span early-stage discovery and cell-line development through process development, clinical manufacturing, regulatory support and commercial-scale production.