WuXi AppTec Co., Ltd. (OTCMKTS:WUXAY – Get Free Report) shares shot up 2.1% during mid-day trading on Thursday . The stock traded as high as $14.26 and last traded at $14.1650. 1,785 shares were traded during trading, a decline of 41% from the average session volume of 3,031 shares. The stock had previously closed at $13.87.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised shares of WuXi AppTec to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on WUXAY
WuXi AppTec Price Performance
About WuXi AppTec
WuXi AppTec is a global contract research, development and manufacturing organization serving the pharmaceutical, biotechnology and medical device industries. Headquartered in Shanghai and founded in 2000, the company provides end-to-end solutions that span drug discovery, development and manufacturing. Its offerings enable customers to accelerate the research and development process for small molecules, biologics, cell and gene therapies, as well as medical devices.
Key services include chemistry and biology discovery support, preclinical safety assessment, analytical and formulation development, clinical manufacturing, large-scale biomanufacturing, and quality testing.
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