WuXi PharmaTech Cayman: 52-Week High Recently Eclipsed (WX)
Shares of WuXi PharmaTech Cayman (NYSE:WX) traded today at $21.89, breaking its 52-week high. So far today approximately 54,000 shares have been exchanged, as compared to an average 30-day volume of 349,000 shares.
WuXi PharmaTech Cayman has overhead space with shares priced $21.59, or 4.2% below the average consensus analyst price target of $22.52. The stock should discover initial support at its 50-day moving average (MA) of $20.57 and subsequent support at its 200-day MA of $17.16.
Over the past year, WuXi PharmaTech Cayman has traded in a range of $13.00 to $21.89 and is now at $21.59, 66% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.8%.
WuXi PharmaTech Cayman Inc. provides pharmaceutical and biotechnology research and development outsourcing. The Company's services include discovery chemistry, service biology, analytical, pharmaceutical development, and manufacturing.
SmarTrend is tracking the current trend status for WuXi PharmaTech Cayman and will alert subscribers who have WX in their portfolio or watchlist when shares have changed trend direction.
Keywords: 52 week high/lows wuxi pharmatech cayman