VBI Vaccines (NASDAQ:VBIV) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of VBI Vaccines (NASDAQ:VBIV) in a report published on Saturday. The brokerage issued a sell rating on the biopharmaceutical company’s stock.

VBI Vaccines Stock Performance

VBI Vaccines stock opened at $0.71 on Friday. The stock’s 50-day moving average is $0.61 and its 200-day moving average is $0.62. VBI Vaccines has a 12 month low of $0.45 and a 12 month high of $2.90.

VBI Vaccines (NASDAQ:VBIV) last issued its earnings results on Wednesday, May 15th. The biopharmaceutical company reported ($0.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.53) by ($0.02). VBI Vaccines had a negative net margin of 881.79% and a negative return on equity of 525.42%. The business had revenue of $1.21 million during the quarter, compared to analysts’ expectations of $2.85 million. Sell-side analysts expect that VBI Vaccines will post -1.23 EPS for the current year.

About VBI Vaccines

VBI Vaccines Inc, a commercial-stage biopharmaceutical company, develops and sells vaccines to treat immuno-oncology and infectious disease. It offers Sci-B-Vac, a prophylactic hepatitis B (HBV) vaccine. The company also develops VBI-2601, a protein based immunotherapeutic candidate for the treatment of chronic HBV infection; VBI-1901, a glioblastoma vaccine immunotherapeutic candidate, which is in Phase I/IIa clinical study to treat solid tumors; VBI-1501, a prophylactic cytomegalovirus vaccine candidate that has completed Phase I clinical trial; and VBI-2501 that is in preclinical trial to treat Zika virus.