Vascular Biogenics Ltd. (NASDAQ:VBLT) traded at $0.15 at close of the session on Monday, 01/23/23, made a downward move of -5.03% on its previous day’s price.
Looking at the stock we see that its previous close was $0.16 and the beta (5Y monthly) reads 0.69 with the day’s price range being $0.1474 – $0.1598. In terms of its 52-week price range, VBLT has a high of $2.20 and a low of $0.10. The company’s stock has gained about 37.68% over that past 30 days.
Vascular Biogenics Ltd. has a market cap of $9.30 million and is expected to release its quarterly earnings report on Mar 21, 2023 – Mar 27, 2023. Estimates by analysts give the company expected earnings per share (EPS) of -$0.11, with the EPS growth for the year raised at -$0.45 for 2022 and -$0.34 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $200k, with a low of $200k and a high of $200k. The median projection represents growth squeezing down to 0.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $500k, or -34.90% down from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the VBLT stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Vascular Biogenics Ltd. (VBLT) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 11.39% off its SMA20 and 12.69% from its 50-day simple moving average. The RSI (14) is pointing at 57.15 while the volatility over the past week is 8.99% and jumps to 9.96% over the past one month. The beta value is 0.75, while the average true range (ATR) is currently pointing at 0.01. The average price target for the stock over the next 12 months is $5.00, with the estimates having a low of $5.00 and a high of $5.00. These price ends are -3233.33% and -3233.33% off the current price level respectively, although investors could be excited at the prospect of a -3233.33% if the VBLT share price touches on the median price of $5.00.
Let’s briefly compare Vascular Biogenics Ltd. (VBLT) stock to its peers. We find that current price change of -5.03% and -88.90% over the past 12 months for VBLT competes that of Merrimack Pharmaceuticals Inc. (MACK), which has seen its stock price fall -1.78% in the last trading session and was 134.82% over the last one year. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 1.19% and 0.76%, respectively, at close of the trading.
Coming back to Vascular Biogenics Ltd. (NASDAQ:VBLT), we note that the average 3-month trading volume was 1.29 million, while that of the preceding 10-day period stands at 1.03 million. Current shares outstanding are 77.63 million.
The insiders hold 22.56% of the company’s shares while institutions hold 17.60%. The data shows that short shares as of Oct 13, 2022, stood at 0.16 million at a short ratio of 0.1. This represents a 0.23% short interest in shares outstanding on Oct 13, 2022. Shares short rose in October from the previous month at 0.1 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 25.75% up in year-to-date price movement.