VBLT was up 17.26% today on a volume of 692,190.
And it is up 17.65% for the week after reporting a loss of $6.5 Ms or $0.24 per share for the 3rdQ.<g>
For the month it is up 47.54% and for the year 85.57% <g>
The analyst consensus target price is 13.75, and Chardan Capital Markets ealier this month reiterated its buy recommendation with a target of $25.<g>
However, it may be under some pressure tomorrow, since after the close today it announced that it is planning to sell 2,500,000 ordinary shares in an underwritten public offering. <g>
The insiders reportedly own around 30% and institutions 32%, with the short float around 3.18% <g>
On Tuesday, in spite of reporting a loss for the 3rdQ, it opened with a small up-gap, which was not closed and it was up around 10% on a volume of 765,900 <g>
The H today of 9.05 was just 0.05 above Tuesday's H and with a possible double top and the pressure from the announcement of the share offering, the stock may come back to test support at the Sep H of 7.25 or the Oct H of 7.05 <g>
https://stockcharts.com/c-sc/sc?s=VBLT&p=D&b=5&g=0&i=t40143500655&r=1510877192858
RAGL,,
Bernard
|
