Vascular Biogenics Ltd. (VBLT) Trading Up 3.1%
Vascular Biogenics Ltd. (NASDAQ:VBLT) was up 3.1% on Monday . The stock traded as high as $4.11 and last traded at $4.04, with a volume of 116,110 shares changing hands. The stock had previously closed at $3.92.
Several equities research analysts have weighed in on VBLT shares. Zacks Investment Research cut shares of Vascular Biogenics from a “hold” rating to a “sell” rating in a research report on Wednesday, June 22nd. Piper Jaffray Cos. reissued a “buy” rating and set a $14.00 price target on shares of Vascular Biogenics in a research report on Tuesday, June 7th. Chardan Capital reaffirmed a “buy” rating on shares of Vascular Biogenics in a research report on Tuesday, June 7th. HC Wainwright assumed coverage on shares of Vascular Biogenics in a research report on Tuesday, June 28th. They issued a “buy” rating and a $11.00 target price for the company. Finally, Roth Capital reaffirmed a “buy” rating and issued a $22.00 target price on shares of Vascular Biogenics in a research report on Thursday, June 9th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $13.67.
The firm’s market capitalization is $96.08 million. The stock’s 50-day moving average price is $4.11 and its 200 day moving average price is $3.73.
Vascular Biogenics (NASDAQ:VBLT) last announced its quarterly earnings results on Monday, August 15th. The biopharmaceutical company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.23) by $0.09. Equities analysts anticipate that Vascular Biogenics Ltd. will post ($0.64) earnings per share for the current year.
Vascular Biogenics Ltd. is a clinical-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of first-in-class treatments for cancer. The Company’s program is based on its Vascular Targeting System (VTS) platform technology, which utilizes genetically targeted therapy to destroy newly formed, or angiogenic, blood vessels.
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