Insider Buying: Enochian Biosciences Inc (ENOB) Director Acquires 50,000 Shares of Stock

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Enochian Biosciences Inc (OTCMKTS:ENOB) Director Henrik Gronfeldt-Sorensen acquired 50,000 shares of the stock in a transaction dated Thursday, January 10th. The stock was bought at an average price of $2.00 per share, for a total transaction of $100,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

ENOB traded up $0.90 during trading on Friday, reaching $9.25. 202,653 shares of the company’s stock were exchanged, compared to its average volume of 81,111. Enochian Biosciences Inc has a fifty-two week low of $3.32 and a fifty-two week high of $9.50.

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Enochian Biosciences Company Profile

Enochian Biosciences Inc, a biopharmaceutical company, identifies, develops, manufactures, and commercializes gene therapies for HIV/AIDS and cancer patients. Its lead candidate include ENO-1001 a genetically modified cell therapy for patients with HIV/AIDS. It is also developing ENO-2001, an HIV vaccine; and additional compounds, such as ENO-4001, ENO-4002, ENO-3001, and ENO-5001 that are in discovery stage for prevention of relapse in colon cancer patients.

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