Geometry Dash APK Hill Climb Racing APK
51.1 F
New York
Sunday, April 18, 2021

Enzolytics Inc (OTCMKTS:ENZC) In Focus: Regains It’s Momentum

Must read

Drone Delivery Canada Corp (OTCMKTS:TAKOF) is Soaring after Roadmap Update

The drone industry has grown at a remarkable rate over the past five years or so and hence, it is no surprise...

Global Battery Metals Ltd (OTCMKTS:REZZF) in Focus: Trending Higher

Anyone who is tracking stocks that have made substantial gains over the course of the past month or so must not have...

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Showing Strength After Patent Approval

Investors who believe in long-term wealth creation are often on the hunt for stocks that have recorded significant gains over a reasonable...

Tesoro Enterprises, Inc. (OTCMKTS:TSNP) Regains Momentum: What to Expect Now?

Tesoro Enterprises, Inc. Common Stock (OTCMKTS:TSNP) stock has managed to record significant gains ever since it announced its merger with HUMBL Inc...

One of the most notable gainers over the course of the past months has been the Enzolytics Inc stock. While it is true that it may have been classified as a risky stock, certain developments led to remarkable gains.

However, on Monday, the Enzolytics Inc (OTCMKTS:ENZC) stock descended from its recent peak and corrected by as much as 40%.

Key Factors

While that may be the case, it should not be forgotten that Enzolytics Inc (OTCMKTS:ENZC) is still up by as much as 270% over the past two months alone. One of the major triggers behind the continued rally in the stock is related to the licensing rights that it owns Pepsin Fraction peptide molecule.

The molecule in question is meant for treating AIDS.

Furthermore, it is also necessary to point out that it seems that this treatment has a significant difference from other forms of AIDS treatments. Enzolytics has claimed that the product does not have any toxicity issues at all and leads to minimal side effects.

The product can also lead to considerable savings in costs. Enzolytics has been working on this product diligently and has stated on its website that it has tested it on as many as 31 patients.

Enzolytics Inc (OTCMKTS:ENZC) has also stated that it is on the verge of completing the acquisition of a new laboratory and it is going to be in operation from June this year. While these are significant developments, it is also necessary for potential investors to keep in mind that the company is targeting a massive market.

Research suggests that the AIDS treatment market could be worth as much as $37 billion by the time 2027 comes along. Hence, the optimism among investors regarding these developments is completely understandable.

At the same time, it should be noted that there is fierce competition to get a piece of the massive market. Additionally, Enzolytics will need to test many patients and the whole process is expected to take time and also require financial investment from the company.

Disclaimer: We hold no position ins ENZC stock.

Latest article

Sundial Growers Inc (NASDAQ:SNDL) Struggles to Sustain At Higher Levels After Earnings

In recent times, plenty of cannabis stocks have been in action due to rising optimism about the sector and one such stock...

HUMBL Inc (OTCMKTS:TSNPD) On the Rebound as Investors Track Developments

If there is one stock that has captured the imagination of many investors over the past months, then it's that of HUMBL...

88 Energy Limited Ltd (EEENF) Update: Continues Climbing on Significant Volume

Investors who might be looking for stocks that have made considerable gains in recent weeks could consider having a closer look at...

Victory Resources Corporation (OTCMKTS:VRCFF) Stock Rockets After Announcing A New Acquisition

Nowadays, lithium is in huge demand across several industries and hence, it the rally in the Victory Resources Corporation (OTCMKTS:VRCFF) stock the...

iMD Companies Inc (OTCMKTS:ICBU) Sees Epic Jump On Crypto Buzz

The meteoric rise in cryptocurrencies over the past few months has resulted in a lot of interest in stocks in companies which...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service