VBI Vaccines (VBIV) Reaches New 52-Week Low at $1.55

VBI Vaccines Inc (NASDAQ:VBIV)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $1.55 and last traded at $1.59, with a volume of 800 shares. The stock had previously closed at $1.59.

A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of VBI Vaccines from a “sell” rating to a “hold” rating in a research note on Thursday, November 22nd. ValuEngine raised shares of VBI Vaccines from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $8.63.

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.61 and a quick ratio of 1.55.

VBI Vaccines (NASDAQ:VBIV) last released its quarterly earnings results on Friday, November 9th. The biopharmaceutical company reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.02). VBI Vaccines had a negative return on equity of 56.88% and a negative net margin of 6,345.29%. The company had revenue of $0.26 million during the quarter, compared to analysts’ expectations of $0.24 million. On average, equities analysts anticipate that VBI Vaccines Inc will post -0.94 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in VBIV. General American Investors Co. Inc. grew its stake in VBI Vaccines by 44.1% in the 2nd quarter. General American Investors Co. Inc. now owns 864,464 shares of the biopharmaceutical company’s stock worth $2,377,000 after buying an additional 264,464 shares in the last quarter. LMR Partners LLP bought a new stake in shares of VBI Vaccines in the 2nd quarter worth approximately $233,000. Dimensional Fund Advisors LP bought a new stake in shares of VBI Vaccines in the 2nd quarter worth approximately $223,000. Altshuler Shaham Ltd lifted its holdings in shares of VBI Vaccines by 11.5% in the 2nd quarter. Altshuler Shaham Ltd now owns 891,442 shares of the biopharmaceutical company’s stock worth $2,452,000 after acquiring an additional 91,800 shares during the last quarter. Finally, DRW Securities LLC bought a new stake in shares of VBI Vaccines in the 2nd quarter worth approximately $126,000. 47.97% of the stock is owned by institutional investors and hedge funds.

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About VBI Vaccines (NASDAQ:VBIV)

VBI Vaccines Inc, a biopharmaceutical company, develops and sells vaccines to address unmet needs in infectious disease and immuno-oncology in Israel and internationally. The company offers Sci-B-Vac, a third-generation hepatitis B vaccine for adults, children, and newborns; and eVLP, a vaccine platform for the design of enveloped virus-like particle vaccines that closely mimic the target virus.

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