The stock of Vascular Biogenics Ltd (NASDAQ:VBLT) is a huge mover today! About 264,258 shares traded hands. Vascular Biogenics Ltd (NASDAQ:VBLT) has risen 51.74% since February 29, 2016 and is uptrending. It has outperformed by 39.53% the S&P500.
The move comes after 5 months positive chart setup for the $145.59M company. It was reported on Oct, 3 by Barchart.com. We have $7.39 PT which if reached, will make NASDAQ:VBLT worth $56.78 million more.
Analysts await Vascular Biogenics Ltd (NASDAQ:VBLT) to report earnings on November, 10. They expect $-0.18 EPS, up 37.93% or $0.11 from last year’s $-0.29 per share. After $-0.14 actual EPS reported by Vascular Biogenics Ltd for the previous quarter, Wall Street now forecasts 28.57% negative EPS growth.
Vascular Biogenics Ltd (NASDAQ:VBLT) Ratings Coverage
Out of 5 analysts covering Vascular Biogenics (NASDAQ:VBLT), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Vascular Biogenics has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. H.C. Wainwright initiated the stock with “Buy” rating in Tuesday, June 28 report. The stock has “Market Outperform” rating given by JMP Securities on Wednesday, March 9. Roth Capital maintained it with “Buy” rating and $13 target price in Monday, August 24 report. Chardan Capital Markets maintained the shares of VBLT in a report on Friday, October 23 with “Buy” rating. The firm has “Overweight” rating by Piper Jaffray given on Monday, November 9. The stock has “Buy” rating given by Roth Capital on Monday, September 28. The rating was initiated by Chardan Capital Markets on Monday, September 21 with “Buy”. The firm has “Mkt Outperform” rating by JMP Securities given on Monday, September 21.
According to Zacks Investment Research, “Vascular Biogenics Ltd. is a clinical stage biotechnology company. It is focused on the discovery, development and commercialization of treatments for cancer and immune-inflammatory diseases. Its lead oncology candidate VB-111, is a gene-based biologic which is in Phase II clinical trials for the treatment of recurrent glioblastoma, an aggressive form of brain cancer. It is also developing VB-201, an oral small molecule that is in Phase II clinical trials for the treatment psoriasis and ulcerative colitis. Vascular Biogenics Ltd. is headquartered in Or Yehuda, Israel.”
More notable recent Vascular Biogenics Ltd (NASDAQ:VBLT) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on October 02, 2014, also Quotes.Wsj.com with their article: “News Vascular Biogenics Ltd.VBLT” published on October 01, 2014, Investorplace.com published: “Vascular Biogenics Ltd (VBLT) Stock Roars Higher on Cancer Trial” on June 06, 2016. More interesting news about Vascular Biogenics Ltd (NASDAQ:VBLT) were released by: Globenewswire.com and their article: “Vascular Biogenics Ltd. Closes $24 Million Registered Direct Offering” published on June 16, 2016 as well as Streetinsider.com‘s news article titled: “H.C. Wainwright Starts Vascular Biogenics Ltd (VBLT) at Buy” with publication date: June 28, 2016.
VBLT Company Profile
Vascular Biogenics Ltd., incorporated on January 31, 2000, is a clinical-stage biopharmaceutical company. The Firm is focused on the discovery, development and commercialization of 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. The Company’s lead product candidate, VB-111(ofranergene obadenovec), is a gene biologic that it is developing for solid tumor indications, with a program for recurrent glioblastoma (rGBM), a form of brain cancer. It also is engaged in conducting a program focusing anti-inflammatory diseases, based on the use of its Lecinoxoid platform technology. Lecinoxoids are a class of small molecules it developed that are structurally and functionally similar to naturally occurring molecules known to modulate inflammation. The lead product candidate from this program, VB-201, is a Phase II-ready molecule that demonstrated efficacy in reducing vascular inflammation in a Phase II sub-study in psoriatic patients with cardiovascular risk.
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