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Vor Biopharma (NASDAQ:VOR) Trading Down 3.8% - Time to Sell?

Vor Biopharma logo with Manufacturing background

Key Points

  • Vor Biopharma's shares declined by 3.8% on Wednesday, trading as low as $1.99 before last seen at $2.00, with a trading volume increase of 7% from average levels.
  • Analysts have provided mixed ratings for Vor Biopharma, with HC Wainwright upgrading it to a "strong-buy", while Zacks Research and Wall Street Zen assigned "strong sell" ratings.
  • The company reported a loss of $2.18 EPS for the latest quarter, significantly missing analysts' expectations of a loss of $0.57 EPS.
  • MarketBeat previews the top five stocks to own by October 1st.

Vor Biopharma Inc. (NASDAQ:VOR - Get Free Report)'s stock price was down 3.8% during mid-day trading on Wednesday . The stock traded as low as $1.99 and last traded at $2.00. Approximately 4,923,423 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 4,588,243 shares. The stock had previously closed at $2.08.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VOR. Wall Street Zen lowered Vor Biopharma to a "strong sell" rating in a report on Saturday, June 28th. Zacks Research raised Vor Biopharma to a "strong sell" rating in a report on Tuesday, August 12th. Finally, HC Wainwright raised Vor Biopharma from a "hold" rating to a "strong-buy" rating in a report on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Check Out Our Latest Stock Analysis on VOR

Vor Biopharma Stock Performance

The firm has a market cap of $258.43 million, a P/E ratio of -0.15 and a beta of 2.05. The firm has a fifty day simple moving average of $2.10.

Vor Biopharma (NASDAQ:VOR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($2.18) EPS for the quarter, missing analysts' consensus estimates of ($0.57) by ($1.61).

Vor Biopharma Company Profile

(Get Free Report)

Vor Biopharma, Inc, a clinical-stage company, develops engineered hematopoietic stem cell (eHSC) therapies for cancer patients. It is developing VOR33, an eHSC product candidate that is in phase 1/2 to treat acute myeloid leukemia (AML) and other hematological malignancies. The company's VOR33 eHSCs lacks CD33, a protein that is expressed by AML blood cancer cells.

See Also

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