WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Here’s What Happened

WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) gapped up prior to trading on Monday . The stock had previously closed at $8.23, but opened at $8.74. WuXi Biologics (Cayman) shares last traded at $8.74, with a volume of 358 shares.

WuXi Biologics (Cayman) Trading Down 1.3%

The firm’s fifty day moving average is $8.77 and its two-hundred day moving average is $9.01.

About WuXi Biologics (Cayman)

WuXi Biologics (Cayman) Inc, trading OTC as WXXWY, is a global contract research, development and manufacturing organization (CDMO) specializing in biologics. Founded as a spin-out from WuXi AppTec and incorporated in the Cayman Islands in 2017, the company offers end-to-end support across the biologics value chain. Its service portfolio encompasses discovery biology, analytical development, process chemistry and large-scale manufacturing for therapeutic proteins and antibodies.

The firm’s core offerings include the development of monoclonal antibodies, recombinant proteins and cell and gene therapy vectors.