MIAMI, FL / ACCESSWIRE / April 21, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. CBYL, EBIO, RJETQ, and AGHI have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the OTC, NASDAQ and NYSE subscribe to our newsletter at DailyStockReporter.com.
Carbylan Therapeutics, Inc. (NASDAQ: CBYL) announced last week that it has suspended further clinical development of Hydros-TA and that it is actively pursuing a strategic transaction, including a merger or acquisition of the company. In conjunction with the plan to pursue a strategic transaction, Carbylan also announced an immediate reduction in its workforce of 14 employees of its current 17 employees in order to preserve capital and further streamline the Company's operations in preparation for a potential strategic transaction. On Thursday (4/21) shares of CBYL increased in price from roughly $0.61 to highs of $0.712. This represented a total move up by as much as 17%.
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Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) is a preclinical-stage biopharmaceutical company discovering and developing protein therapeutics to treat diseases of the eye. Over the last seven trading sessions EBIO has experienced a 170.96% spike from lows of $0.31 last week to highs during Thursday mornings trading session of $0.84. The company's most advanced preclinical product candidate is EBI-031 a treatment for diabetic macular edema, and uvetis. EBI-031 was designed and engineered for intravitreal delivery using Eleven's AMP-Rx platform.
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Republic Airways Holdings, Inc. (OTC: RJETQ) through its subsidiaries provides scheduled passenger services. The company offers scheduled passenger service on approximately 1,094 flights daily to approximately 118 cities in the United States, Canada, and Caribbean. During Thursday morning's trading session the stock saw a price gain of 35.29% notching in highs of $1.15.
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Agora Holdings, Inc. (OTC: AGHI) is a software company that delivers bespoke media and technology products. In the company's most recent press release on 4/7/16 the company signed an engagement letter with an independent accounting and auditing firm, BF Borgers CPA PC. The stock has seen a price movement of 33.33% in the last week of trading. Agora Holdings, together with its subsidiary Geegle Media and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, TV, studio entertainment, consumer products and interactive media.
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