WuXi AppTec (WUXAY) to Release Earnings on Tuesday

WuXi AppTec (OTCMKTS:WUXAY) is expected to be releasing its resultson Tuesday, April 28th. Analysts expect WuXi AppTec to post earnings of $0.1773 per share and revenue of $1.5930 billion for the quarter.

WuXi AppTec Trading Down 0.6%

Shares of OTCMKTS:WUXAY opened at $15.50 on Friday. WuXi AppTec has a 52 week low of $7.09 and a 52 week high of $17.00. The company’s fifty day moving average is $15.02 and its 200 day moving average is $14.21.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. The Goldman Sachs Group raised shares of WuXi AppTec to a “buy” rating in a research report on Thursday, February 5th. Zacks Research upgraded shares of WuXi AppTec to a “hold” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

WuXi AppTec Company Profile

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.