Will The Rally Continue? CytoDyn Inc (OTCMKTS:CYDY)

CytoDyn Inc (OTCMKTS:CYDY) continues to move up after gaining 10% yesterday.

Market Action

As of 10:02, CYDY stock has jumped by 1.46% at $2.08. The stock has traded 457K shares, below its average volume of 4.49 million shares.  The stock opened at $2.08 and moved in a range of $2.0600 – 2.1500.

CYDY Released News Late Thursday

Antonio Migliarese Promoted to Chief Financial Officer of CytoDyn

  • CYDY announced the promotion of Antonio Migliarese to Chief Financial Officer of the Company. Mr. Migliarese joined CytoDyn in January 2020, and previously served as Vice President, Corporate Controller.

Former Chief Financial Officer Michael Mulholland will assume the role of Senior Vice President of Finance and continue to support the Company in an advisory role. “Unfortunately, for unexpected personal reasons I have had to make the difficult decision to assume a less demanding role to allow for more personal time for my family and myself. I fully support Antonio’s appointment as the Company’s next CFO, which is in-line with the Company’s succession plan. I am very proud of what our team has achieved over the past several years and am delighted to continue to support Nader and Antonio in an advisory capacity as Senior Vice President of Finance,” commented Mr. Mulholland.

Trader Notes

Share Information

SHARE FLOAT (%)550.66 M (89.85%)

Recent Stock Performance

5-DAY PERF.-25.36%
1-MONTH PERF.-35.49%
3-MONTH PERF.-60.57%
6-MONTH PERF.-18.04%
YTD PERF.-61.22%
1-YEAR PERF.-34.07%

Moving Averages

+/- EMA(20)2.54 (-17.72%)
+/- SMA(50)2.78 (-24.82%)
+/- SMA(200)3.62 (-42.27%)

Pivot Points]

NameS3S2S1Pivot PointsR1R2R3
CCI20-160.1776SellChaikin Money Flow-0.1466Sell
MACD-0.4240SellMoney Flow Index28.6761Sell
STOCH (14,3)19.5804OverSoldSTOCH RSI0.4884Neutral
UO39.3148SellWilliams %R-80.4196OverSold

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