StockNews.com Initiates Coverage on VBI Vaccines (NASDAQ:VBIV)

StockNews.com initiated coverage on shares of VBI Vaccines (NASDAQ:VBIV) in a research note issued to investors on Saturday. The brokerage issued a sell rating on the biopharmaceutical company’s stock.

VBI Vaccines Price Performance

Shares of NASDAQ VBIV opened at $0.60 on Friday. The business’s 50 day moving average price is $0.61 and its two-hundred day moving average price is $0.61. The company has a market cap of $17.27 million, a PE ratio of -0.05 and a beta of 1.90. VBI Vaccines has a twelve month low of $0.45 and a twelve month high of $3.47.

VBI Vaccines Company Profile

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.