Vascular Biogenics Ltd. (NASDAQ:VBLT) saw an uptick in trading volume on Thursday . 1,163,139 shares traded hands during trading, an increase of 424% from the previous session’s volume of 221,803 shares.The stock last traded at $4.27 and had previously closed at $4.01.

A number of brokerages have issued reports on VBLT. Chardan Capital restated a “buy” rating on shares of Vascular Biogenics in a research report on Tuesday, June 7th. Piper Jaffray Cos. restated a “buy” rating and set a $14.00 price objective on shares of Vascular Biogenics in a research report on Tuesday, June 7th. Roth Capital restated a “buy” rating and set a $22.00 price objective on shares of Vascular Biogenics in a research report on Thursday, June 9th. Zacks Investment Research upgraded Vascular Biogenics from a “sell” rating to a “hold” rating in a research report on Wednesday, June 15th. Finally, HC Wainwright began coverage on Vascular Biogenics in a research note on Tuesday, June 28th. They set a “buy” rating and a $11.00 target price on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Vascular Biogenics has an average rating of “Buy” and a consensus target price of $13.67.

The stock’s market cap is $96.06 million. The stock has a 50-day moving average of $4.08 and a 200 day moving average of $3.74.

Vascular Biogenics (NASDAQ:VBLT) last posted its quarterly earnings data on Monday, August 15th. The biopharmaceutical company reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.23) by $0.09. Equities analysts expect that Vascular Biogenics Ltd. will post ($0.64) EPS 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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