Shares of VBI Vaccines, Inc. – (NASDAQ:VBIV) dropped 3% during mid-day trading on Tuesday . The stock traded as low as $3.27 and last traded at $3.58, with a volume of 90,182 shares. The stock had previously closed at $3.69.

Separately, Ladenburg Thalmann initiated coverage on VBI Vaccines, Inc. – in a report on Tuesday, July 26th. They set a “buy” rating on the stock.

The stock has a 50 day moving average of $3.75 and a 200 day moving average of $3.91. The stock’s market cap is $117.05 million.

VBI Vaccines Inc, formerly SciVac Therapeutics Inc, is a biotechnology company. The Company is engaged in developing various technologies that focus on vaccine protection. It has developed an enveloped virus like particle (eVLP) vaccine platform that allows for the design of enveloped VLP vaccines. It is involved in various projects related to human cytomegalovirus (CMV) and other antigens.

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