WuXi AppTec (OTCMKTS:WUXAY) Shares Gap Up After Analyst Upgrade

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report)’s share price gapped up prior to trading on Wednesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $23.16, but opened at $25.72. WuXi AppTec shares last traded at $25.4155, with a volume of 952 shares traded.

WuXi AppTec Price Performance

The stock has a 50 day moving average of $25.39 and a 200 day moving average of $19.41.

About WuXi AppTec

(Get Free Report)

WuXi AppTec is a global pharmaceutical and biotechnology services company that provides contract research, development and manufacturing services. The company supports drug developers throughout the product life cycle, from early-stage discovery and laboratory testing through clinical development and commercial production.

Its offerings include medicinal and synthetic chemistry, biology research, preclinical and clinical testing, regulatory support, pharmaceutical manufacturing, and the development and manufacturing of advanced therapies.

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