Vascular Biogenics Ltd. [VBLT] is 19.58% higher this YTD. Is it still time to buy?

Vascular Biogenics Ltd. [NASDAQ: VBLT] price surged by 14.14 percent to reach at $0.28. The company report on April 14, 2021 that Vascular Biogenics Ltd. Closes Public Offering of Ordinary Shares and Pre-Funded Warrants.

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Vascular Biogenics Ltd. (“VBL Therapeutics” or the “Company”) (NASDAQ: VBLT), announced the closing of its underwritten public offering of 6,901,790 ordinary shares, and, to certain investors in lieu thereof, pre-funded warrants to purchase 8,050,000 ordinary shares in an underwritten public offering, at a price to the public of $1.90 per ordinary share and $1.89 per pre-funded warrant. The pre-funded warrants allow investors that have restrictions on their ability to own Company stock above a designated ownership threshold (such as 4.99% or 19.99%) to invest additional capital. In practice, the pre-funded warrants are the equivalent to ordinary shares without voting rights. All of the securities in the offering were sold by VBL Therapeutics.

The gross proceeds to the Company from the public offering, before deducting underwriting discounts and commissions and offering expenses payable by VBL Therapeutics, were approximately $28.3 million. VBL Therapeutics intends to use the net proceeds from the offering for working capital and other general corporate purposes.

A sum of 2563506 shares traded at recent session while its average daily volume was at 1.10M shares. Vascular Biogenics Ltd. shares reached a high of $2.33 and dropped to a low of $1.95 until finishing in the latest session at $2.26.

Guru’s Opinion on Vascular Biogenics Ltd. [VBLT]:

Oppenheimer have made an estimate for Vascular Biogenics Ltd. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 27, 2019. While these analysts kept the previous recommendation, Chardan Capital Markets raised their target price from $25 to $3. The new note on the price target was released on March 09, 2018, representing the official price target for Vascular Biogenics Ltd. stock.

The Average True Range (ATR) for Vascular Biogenics Ltd. is set at 0.18, with the Price to Sales ratio for VBLT stock in the period of the last 12 months amounting to 117.34. The Price to Book ratio for the last quarter was 3.18, with the Price to Cash per share for the same quarter was set at 0.65.

VBLT Stock Performance Analysis:

Vascular Biogenics Ltd. [VBLT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.71. With this latest performance, VBLT shares gained by 13.00% in over the last four-week period, additionally plugging by 94.83% over the last 6 months – not to mention a rise of 67.41% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VBLT stock in for the last two-week period is set at 61.88, with the RSI for the last a single of trading hit 67.18, and the three-weeks RSI is set at 58.24 for Vascular Biogenics Ltd. [VBLT]. The present Moving Average for the last 50 days of trading for this stock 1.96, while it was recorded at 2.05 for the last single week of trading, and 1.66 for the last 200 days.

Insight into Vascular Biogenics Ltd. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Vascular Biogenics Ltd. [VBLT] shares currently have an operating margin of -2655.42 and a Gross Margin at -72.23. Vascular Biogenics Ltd.’s Net Margin is presently recorded at -2627.44.

Return on Total Capital for VBLT is now -67.80, given the latest momentum, and Return on Invested Capital for the company is -68.28. Return on Equity for this stock declined to -72.58, with Return on Assets sitting at -53.64. When it comes to the capital structure of this company, Vascular Biogenics Ltd. [VBLT] has a Total Debt to Total Equity ratio set at 8.18. Additionally, VBLT Total Debt to Total Capital is recorded at 7.56, with Total Debt to Total Assets ending up at 6.06. Long-Term Debt to Equity for the company is recorded at 6.56, with the Long-Term Debt to Total Capital now at 6.07.

Reflecting on the efficiency of the workforce at the company, Vascular Biogenics Ltd. [VBLT] managed to generate an average of -$637,500 per employee. Receivables Turnover for the company is 3.50 with a Total Asset Turnover recorded at a value of 0.02.Vascular Biogenics Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.30 and a Current Ratio set at 4.30.

VBLT Stock EPS

With the latest financial reports released by the company, Vascular Biogenics Ltd. posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VBLT.

Vascular Biogenics Ltd. [VBLT] Insider Position Details

There are presently around $5 million, or 21.50% of VBLT stock, in the hands of institutional investors. The top three institutional holders of VBLT stocks are: MORGAN STANLEY with ownership of 777,772, which is approximately -5.072% of the company’s market cap and around 20.64% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 518,200 shares of the stock with an approximate value of $1.17 million in VBLT stocks shares; and CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM, currently with $0.56 million in VBLT stock with ownership of nearly New of the company’s market capitalization.

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Positions in Vascular Biogenics Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 8 institutional holders increased their position in Vascular Biogenics Ltd. [NASDAQ:VBLT] by around 375,129 shares. Additionally, 6 investors decreased positions by around 212,074 shares, while 5 investors held positions by with 1,507,853 shares. The mentioned changes placed institutional holdings at 2,095,056 shares, according to the latest SEC report filing. VBLT stock had 7 new institutional investments in for a total of 367,437 shares, while 2 institutional investors sold positions of 56,840 shares during the same period.

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