Vascular Biogenics Ltd. (VBLT) Shares Up 3.1%
Shares of Vascular Biogenics Ltd. (NASDAQ:VBLT) shot up 3.1% during trading on Monday . The stock traded as high as $4.11 and last traded at $4.04, with a volume of 116,110 shares trading hands. The stock had previously closed at $3.92.
Several research firms have recently commented on VBLT. Zacks Investment Research downgraded shares of Vascular Biogenics from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Chardan Capital reissued a “buy” rating on shares of Vascular Biogenics in a report on Tuesday, June 7th. Roth Capital reissued a “buy” rating and set a $22.00 price target on shares of Vascular Biogenics in a report on Thursday, June 9th. HC Wainwright began coverage on shares of Vascular Biogenics in a report on Tuesday, June 28th. They set a “buy” rating and a $11.00 price target on the stock. Finally, Piper Jaffray Cos. reissued a “buy” rating and set a $14.00 price target on shares of Vascular Biogenics in a report on Tuesday, June 7th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $13.67.
The stock’s 50-day moving average is $4.12 and its 200-day moving average is $3.71. The company’s market cap is $97.00 million.
Vascular Biogenics (NASDAQ:VBLT) last released its quarterly earnings data on Monday, August 15th. The biopharmaceutical company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.09. On average, analysts predict that Vascular Biogenics Ltd. will post ($0.72) 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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