WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Here’s Why
by Renee Jackson · The Cerbat GemShares of WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $12.61, but opened at $13.3399. WuXi Biologics (Cayman) shares last traded at $13.3399, with a volume of 1,041 shares trading hands.
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 MarketBeat.com, the stock has an average rating of “Hold”.
Get Our Latest Stock Analysis on WXXWY
WuXi Biologics (Cayman) Price Performance
The company has a 50-day moving average price of $11.38 and a two-hundred day moving average price of $9.60.
About WuXi Biologics (Cayman)
WuXi Biologics (Cayman) is a global contract research, development and manufacturing organization (CRDMO) focused on biologic medicines. The company provides integrated services to pharmaceutical and biotechnology customers across the development cycle, from early-stage discovery and preclinical research through clinical development, regulatory support and commercial manufacturing.
Its capabilities include the development and production of monoclonal antibodies, recombinant proteins, vaccines, antibody-drug conjugates and other biologic modalities.