Here are the recap for the top 3 major gainers in the micro-cap biotech sector by mid-day on Tuesday. keep an eye on the following stocks this week.
Rezolute, Inc (NASDAQ:RZLT) is one of the major gainers as the stock surged by $2.18 or 21.10% to $12.46. Total volume was 310K shares, compared to its 30-day average volume of 52K shares. The stock moved within a range of $11.36 – 14.93 after opening at $13.55. The stock has fallen almost 14% so far this year. However, the stock has gained 58% over the past month.
The company announced that Nevan Charles Elam, CEO and Founder, will present at two upcoming virtual investment conferences.
The Jefferies Virtual Healthcare Conference – Friday, June 4, 2021 at 12:30 p.m. ET, corporate presentation. The JMP Securities Life Sciences Conference – Thursday, June 17, 2021 at 1:30 p.m. ET, fireside chat
Jaguar Health, Inc. (NASDAQ:JAGX) continued to move higher and extending its week long rally. The stock is now up by 13% to $1.80 on the volume of 24.20 million shares, compared to its daily average volume of 10.43 million shares. Over the past year, the stock has moved up 231%. The stock is trading near to the neutral zone as RSI stands above 66. This morning, the company announced the initial funding of the private financing of Dragon SPAC, which has named as its target Napo EU S.p.A. (“Napo EU”).
Purple Biotech Ltd. (NASDAQ:PPBT) continued to move higher and extended weekly gains. By mid-day session, stock has gained by $0.72 or 13% to $6.18. After opening at $5.64, the stock has moved within a wide range of $ 5.64 – 6.30. Over the past 52-week, the stock moved within a range of $ 3.60 – 14.40. The stock has gained 15% in the past quarter. The stock is trading 57% below its 52-week high and 71% higher from its 52-week low.
