In recent times, the Enzolytics Inc (OTCMKTS:ENZC) stock has emerged as one of the biggest gainers from among small cap stocks and the trend has continued in recent days.
On Monday, the stock was in action again and went up by 12% to take its gains over the course of the past week to as much as 25%. Although the gains have been quite impressive, it is also necessary to keep in mind that there has been no news in recent days about the company that might have led to these gains.
However, back on June 7, the company announced that it is looking to executive its objective of coming up with a therapy for HIV. At the time it went on to add that the therapeutic cure could also be deployed against future and current pandemics.
Enzolytics stated that the protocol has been established after collaborating with Intel Corporation and the two companies have also jointly come up with a white paper regarding the same. Considering the recent gains, it might be a good time to keep the stock on the watch lists and look out for any new developments.
Market Reaction:
On Monday, ENZC stock went up 12.22% to $0.2278 with more than 25.51 million shares, compared to its average volume of 40.93 million shares. The stock has moved within a range of $0.2090 – 0.2280 after opening the trade at $0.2091 Over the past 52-week, the stock has been trading within a range of $0.0003 – 0.9580.
 Stock Resumes Another Round Of Rally: What Next?){kind=link}