Vascular Biogenics Upgraded to Outperform at JMP Securities (VBLT)

Vascular Biogenics Upgraded to Outperform at JMP Securities (VBLT) photo Vascular Biogenics Upgraded to Outperform at JMP Securities (VBLT)

Chardan Capital initiated coverage on shares of Vascular Biogenics (NASDAQ:VBLT) in a research note published on Monday morning, The Fly reports. WaferGen Bio-systems, Inc. (WGBS) is now at $2.41 and volatility of 37.63% with a market cap of 019, a volume of 1,876,691 shares and a weekly performance of 112.42%.



Vascular Biogenics (NASDAQ:VBLT) last issued its earnings results on Thursday, August 13th.

Vascular Biogenics Ltd. (VBLT) located in Israel has gained 9.67% per share today. During the year, the lowest price at which share is traded was $7.00 and hit the highest price at $8.37. The firm has a 50-day moving average of $5.45 and a 200 day moving average of $5.49.

09/22/2015- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the US stock market about the small and penny stocks, issues news alert on Ampio Pharmaceuticals Inc (NYSEMKT:AMPE), Vascular Biogenics Ltd(NASDAQ:VBLT), Rosetta Genomics Ltd. (USA) (NASDAQ:ROSG). The biopharmaceutical company reported ($0.15) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.04.

Several other research analysts have also recently issued reports on VBLT. Zacks lowered shares of Vascular Biogenics from a buy rating to a hold rating in a research report on Tuesday, May 26th. Roth Capital restated a buy rating on shares of Vascular Biogenics in a research report on Thursday, August 13th.

The three-day surge in the stock has pushed the market value to $196 million from $106 million. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The median price target for the stock at the current moment is at $16 which is seen as a huge positive. Vascular Biogenics Ltd are listed in the Health Care sector within NASDAQ. The Company is developing VB-111, the lead oncology product candidate from its VTS platform technology, which is a gene-based biologic for the treatment of solid tumor indications, with clinical programs in recurrent glioblastoma (rGBM), thyroid cancer and ovarian cancer. The company on September 22 announces receipt of a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for U.S. Patent Application No. 14/446,505, titled “Compositions and Methods for the Prognosis and Treatment of Prostate Cancer”. The Company is also conducting a program targeting anti-inflammatory diseases, based on the use of its Lecinoxoid platform technology.

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