Shares of Cellceutix Corp. (OTCBB: CTIX), a Massachusetts based development stage, biopharmaceutical company involved in developing anti-cancer agents, medicines for rheumatoid arthritis and autism, are soaring in today’s trading.
At last check, CTIX shares were trading 14.12% higher at $0.97, with volume up from daily average of 0.35 million to 0.82 million.
The hike in share price today is mainly due to the company’s recent announcement on its initiation of clinical trials for its anti cancer drug, Kevetrin. CTIX is expected to commence its process of activation, recruitment enrolling and first dosing in 3 weeks of time.
Kevetrin has a unique ability to activate p53 which are often referred as “Guardian Angel Gene”. It suppresses the solid tumors and restricts proliferation by inducing cell cycle checkpoints, apoptosis, or cellular senescence.
Shares of Green Energy Renewable Solutions Inc (OTCQB: EWRL), a Nevada based company engaged in processing and disposing of construction and demolition waste, are soaring in today’s trading.
At last check, EWRL shares were trading 31.74% higher at $0.1739, with volume up from daily average of 0.11 million to 0.72 million. The stock has been trading in the range of $0.1550 and $0.1999 so far in today’s trading.
Though it is currently trading much below its 52 week of $0.44, it is well above its 52 week low of $0.0130.
It opened today at $0.19, significantly above its previous day close price and increased steeply to its intraday high of $0.1999 within few minutes of market open. It has stabilized around $0.17 by mid half of the session.
Shares of Gunther Grant Inc (OTCPK: GNGR), a New York based Chocolates Manufacturer, are soaring in today’s trading.
At last check, GNGR shares were trading 16.25% higher at $0.0930, with volume up from daily average of 0.028 million to 0.82 million. The stock has been trading so far in the range of $0.0850 and $0.0940. It reached a 52 week high of $0.43 in last Decemeber 2011 and reduced drastically since then.
GNGR shares have been showing positive improvement in the market after the company announced today that it gained 65% of profit margins on all its recent orders produced in its new production facility.
The company halted its production over past few years to move to a new production facility and focus more on operational efficiencies. It plans to roll out its chocolates on popular retail outlets including CVS, Walgreens and Wal-Mart.
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