Vical Inc. (VICL) Shares Down 8%
Vical Inc. (NASDAQ:VICL) shares dropped 8% during mid-day trading on Friday . The company traded as low as $3.80 and last traded at $4.03, with a volume of 78,631 shares trading hands. The stock had previously closed at $4.38.
Separately, HC Wainwright reaffirmed a “buy” rating on shares of Vical in a research note on Tuesday, July 19th.
The company’s market cap is $37.08 million. The firm has a 50 day moving average price of $4.43 and a 200-day moving average price of $3.93.
Vical (NASDAQ:VICL) last released its earnings results on Monday, May 9th. The company reported ($0.03) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.01. The company had revenue of $4.60 million for the quarter, compared to the consensus estimate of $6.88 million. Equities analysts expect that Vical Inc. will post ($1.00) EPS for the current year.
In other Vical news, Director R Gordon Douglas purchased 10,078 shares of the company’s stock in a transaction that occurred on Monday, June 6th. The shares were bought at an average cost of $4.41 per share, for a total transaction of $44,443.98. Following the purchase, the director now owns 20,906 shares of the company’s stock, valued at approximately $92,195.46. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Vijay B. Samant purchased 15,700 shares of the company’s stock in a transaction that occurred on Thursday, June 9th. The shares were acquired at an average price of $4.72 per share, for a total transaction of $74,104.00. Following the completion of the purchase, the chief executive officer now directly owns 112,632 shares in the company, valued at approximately $531,623.04. The disclosure for this purchase can be found here.
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