Vical Inc. (NASDAQ:VICL) shares fell 22% on Monday . The company traded as low as $2.84 and last traded at $3.01, with a volume of 237,789 shares trading hands. The stock had previously closed at $3.86.
Separately, HC Wainwright reissued a “buy” rating on shares of Vical in a research report on Tuesday, July 19th.
The firm’s 50-day moving average price is $4.03 and its 200-day moving average price is $4.09. The company’s market capitalization is $27.62 million.
Vical (NASDAQ:VICL) last announced its earnings results on Tuesday, August 9th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.14. The firm had revenue of $4.10 million for the quarter, compared to analyst estimates of $4.50 million. Vical had a negative net margin of 30.81% and a negative return on equity of 14.18%. On average, analysts anticipate that Vical Inc. will post ($0.86) earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of VICL. Eagle Global Advisors LLC acquired a new position in shares of Vical during the second quarter worth about $178,000. BlackRock Fund Advisors boosted its position in shares of Vical by 32.5% in the second quarter. BlackRock Fund Advisors now owns 23,459 shares of the company’s stock worth $106,000 after buying an additional 5,750 shares during the period. ClariVest Asset Management LLC acquired a new position in shares of Vical during the second quarter worth about $208,000. Finally, Renaissance Technologies LLC boosted its position in shares of Vical by 29.8% in the first quarter. Renaissance Technologies LLC now owns 2,073,599 shares of the company’s stock worth $811,000 after buying an additional 476,499 shares during the period. 31.48% of the stock is owned by institutional investors.
Vical Company Profile
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