Vical Inc. (VICL) Shares Down 8%
Vical Inc. (NASDAQ:VICL) dropped 8% during mid-day trading on Friday . The stock traded as low as $3.80 and last traded at $4.03, with a volume of 78,631 shares. The stock had previously closed at $4.38.
Separately, HC Wainwright restated a “buy” rating on shares of Vical in a report on Tuesday.
The firm’s market cap is $37.08 million. The stock has a 50 day moving average of $4.43 and a 200-day moving average of $3.93.
Vical (NASDAQ:VICL) last posted its quarterly earnings results on Monday, May 9th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The business had revenue of $4.60 million for the quarter, compared to analyst estimates of $6.88 million. Analysts anticipate that Vical Inc. will post ($1.00) earnings per share for the current fiscal year.
In other news, CEO Vijay B. Samant bought 15,700 shares of the company’s stock in a transaction on Thursday, June 9th. The shares were bought at an average cost of $4.72 per share, with a total value of $74,104.00. Following the transaction, the chief executive officer now directly owns 112,632 shares in the company, valued at approximately $531,623.04. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert C. Merton bought 9,000 shares of the company’s stock in a transaction on Tuesday, June 14th. The stock was purchased at an average cost of $4.34 per share, for a total transaction of $39,060.00. Following the completion of the transaction, the director now owns 13,978 shares in the company, valued at $60,664.52. The disclosure for this purchase can be found here.
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