WuXi AppTec (OTCMKTS:WUXAY) Reaches New 52-Week High – Should You Buy?

WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $27.80 and last traded at $27.80, with a volume of 220 shares changing hands. The stock had previously closed at $26.48.

Analyst Ratings Changes

Separately, Zacks Research upgraded WuXi AppTec from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

Get Our Latest Stock Report on WuXi AppTec

WuXi AppTec Stock Up 3.1%

The firm’s fifty day moving average is $24.38 and its 200 day moving average is $19.39.

WuXi AppTec Company Profile

(Get Free Report)

WuXi AppTec is a contract research, development and manufacturing organization (CRDMO) that provides services to pharmaceutical, biotechnology and medical-device companies. Its offerings span the drug-development process, including early-stage discovery, medicinal and synthetic chemistry, biology research, analytical testing, preclinical studies, clinical research support, process development and commercial manufacturing.

The company supports a broad range of therapeutic programs, with capabilities covering small-molecule drugs, biologics, chemical and pharmaceutical products, and cell and gene therapies.

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