WuXi AppTec (WUXAY) Projected to Release Earnings on Monday

WuXi AppTec (OTCMKTS:WUXAY) is expected to release its results after the market closes on Monday, October 26th. Analysts expect WuXi AppTec to announce earnings of $0.4377 per share and revenue of $2.39 billion for the quarter.

WuXi AppTec Trading Down 0.8%

Shares of OTCMKTS:WUXAY opened at $23.71 on Friday. WuXi AppTec has a twelve month low of $12.45 and a twelve month high of $28.69. The company’s 50 day moving average is $25.72 and its 200 day moving average is $20.84.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of WuXi AppTec from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, WuXi AppTec currently has a consensus rating of “Moderate Buy”.

WuXi AppTec Company Profile

WuXi AppTec is a global pharmaceutical and biotechnology services company that provides contract research, development and manufacturing services. The company supports drug developers throughout the product life cycle, from early-stage discovery and laboratory testing through clinical development and commercial production.

Its offerings include medicinal and synthetic chemistry, biology research, preclinical and clinical testing, regulatory support, pharmaceutical manufacturing, and the development and manufacturing of advanced therapies.