WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Down – Here’s Why

by · The Markets Daily

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $13.55, but opened at $12.48. WuXi Biologics (Cayman) shares last traded at $12.53, with a volume of 2,894 shares traded.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on WXXWY

WuXi Biologics (Cayman) Stock Down 4.8%

The stock’s fifty day moving average price is $12.80 and its 200-day moving average price is $10.21.

About WuXi Biologics (Cayman)

(Get Free Report)

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.

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