There has been no news of any kind with regards to Enzolytics Inc (OTCMKTS:ENZC) for several weeks but the stock was in action in the markets yesterday nonetheless. The Enzolytics stock ended the day yesterday with gains of as much as 9% and in this situation, it might be a good move for investors to perhaps take a closer look at the last important news to have emerged about the company.
Back on July 29 the company announced that it concluded the agreements as well as arrangements with Clinic Design and Dahnson with regards to the advancement of its anti-HIV therapeutic product ITV-1 to production as well as clinical trials.
It was a major development for the company and might have brought the Enzolytics stock to the attention of many investors at the time. However, at the same time, it is also necessary to remember that it the completion of those agreements might not have been the reason why investors piled on to the Enzolytics stock on Tuesday. At this point in time, it might be a good move for investors to keep an eye on the price action in the Enzolytics stock and also keep an eye on the news.
