Following were the major microcap gainers in the biotech Sector on Wednesday. Keep these stocks on your radar this week.
Aerpio Pharmaceuticals (NASDAQ:ARPO) was one of the biggest gainers in the biotech Sector as the stock went up 11.76% to close at $1.90. The stock saw lower than average volume with more than 2.11 million shares exchanged hands, compared to its average volume of 6 million shares. The stock has surged about 94% year-to-date. Moreover, the stock has moved up almost 11% over the past 6-month. The stock is trading 24% below its 52-week high and 99% higher from its 52-week low.
Cocrystal Pharma, Inc (NASDAQ:COCP) was another gainer in the biotech Sector as the stock closed at best level since early May. The stock moved up 6% at $1.23. The stock witnessed light volume as more than 3.90 million shares have been traded hands – 0.70 to its average volume of 15.52 million shares. The stock has fallen 9.50% so far this year.
Last week, the company announced that Gary Wilcox, Ph.D., Chairman, CEO and co-founder, suddenly passed away Wednesday, May 26 at the age of 74.
Acasti Pharma Inc (NASDAQ:ACST) continued to move higher and extended weekly gains. On Wednesday, stock has gained by 4% to end the session at $0.5266. After opening at $0.4999, the stock has moved within a wide range of $0.4951 – 0.5340. The stock has jumped 81% over the past six months. The stock is trading 56% below its 52-week high and 207% higher from its 52-week low.
