WuXi Biologics (Cayman) (OTCMKTS:WXXWY) Shares Gap Up – Should You Buy?

Shares of WuXi Biologics (Cayman) Inc. (OTCMKTS:WXXWY) gapped up prior to trading 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 Ratings Changes

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

WuXi Biologics (Cayman) Trading Down 1.2%

The business has a fifty day moving average of $12.06 and a 200 day moving average of $9.87.

About WuXi Biologics (Cayman)

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.