Over the course of the past two weeks the Enzolytics Inc (OTCMKTS:ENZC) stock has rallied by 100% and the rally continued this morning as it climbed by another 20%. There has been no fresh news regarding the company this morning but it is important to note that back on May 26, Enzolytics had announced that it had identified some immutable sites on the HTVL-1 virus.
This announcement resulted in considerable optimism about the stock since Enzolytics is going to work on developing monoclonal antibodies that are supposed to tackle the HTVL-1 virus.
More importantly, it is necessary to remember that at this point in time there are no effective vaccines for the HTVL-1 virus on the market. Hence, if Enzolytics manages to be successful in this project, then it could come as a massive boost for the company. At this point, investors could consider putting the stock on to their watch lists.
Traders Point
ENZC stock is trading higher by 16.11% to $0.2094 on more than 39.80 million shares traded hands as of 11:56 AM.
Moving Averages
| +/- EMA(20) | 0.14 (+50.00%) |
| +/- SMA(50) | 0.15 (+40.00%) |
| +/- SMA(200) | 0.15 (+40.00%) |
Performances
| 5-DAY PERF. | +61.06% |
| 1-MONTH PERF. | +60.69% |
| 3-MONTH PERF. | -20.87% |
| 6-MONTH PERF. | +178.53% |
| YTD PERF. | +166.11% |
| 1-YEAR PERF. | +52125.00% |
 Stock Doubles: Is The Rally Real?){kind=link}