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Friday, August 06, 2021 12:35:51 PM
https://finance.yahoo.com/news/10-biotech-penny-stocks-buy-142044490.html
Number of Hedge Fund Holders: 2 Price as of August 6, 2021: $2.20 per share
Vascular Biogenics Ltd. (NASDAQ: VBLT) is a biotechnology company that focuses on the development and marketing of drugs for treatment of cancer. The firm is based in Israel and is ranked ninth on our list of 10 biotech penny stocks to buy according to Reddit. In earnings results for the first quarter, posted on May 11, the firm reported earnings per share of -$0.12, beating market expectations by $0.01. On June 3, the stock soared 8% on the back of positive reaction to an amendment to a Phase 3 study into a cancer drug.
On May 18, investment advisory Guggenheim assumed coverage of Vascular Biogenics Ltd. (NASDAQ: VBLT) stock with a Buy rating and a price target of $7. Etzer Darout, an analyst at the firm, issued the ratings update.
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