Vascular Biogenics Target of Unusually High Options Trading (VBLT)

Vascular Biogenics Ltd. (NASDAQ:VBLT) was the recipient of unusually large options trading activity on Tuesday. Stock traders purchased 898 call options on the stock. This represents an increase of approximately 1,097% compared to the typical volume of 75 call options.

A hedge fund recently bought a new stake in Vascular Biogenics stock. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Vascular Biogenics Ltd. (NASDAQ:VBLT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 22,100 shares of the biopharmaceutical company’s stock, valued at approximately $135,000. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.08% of Vascular Biogenics at the end of the most recent quarter. Institutional investors own 6.59% of the company’s stock.

Shares of Vascular Biogenics (VBLT) opened at $7.95 on Friday. The stock has a market cap of $227.72, a PE ratio of -10.06 and a beta of -3.00. Vascular Biogenics has a twelve month low of $3.90 and a twelve month high of $9.05.

VBLT has been the subject of several analyst reports. HC Wainwright restated a “buy” rating and issued a $11.00 target price on shares of Vascular Biogenics in a report on Tuesday, November 7th. Chardan Capital raised their target price on shares of Vascular Biogenics from $20.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Zacks Investment Research upgraded shares of Vascular Biogenics from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, ValuEngine upgraded shares of Vascular Biogenics from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Vascular Biogenics presently has a consensus rating of “Hold” and an average target price of $15.67.

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About Vascular Biogenics

Vascular Biogenics Ltd. is a clinical-stage biopharmaceutical company. The Company 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.

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