Velan (OTCMKTS:VLNSF) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Velan Inc. (OTCMKTS:VLNSFGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.07 and traded as high as $11.88. Velan shares last traded at $11.85, with a volume of 374 shares traded.

Velan Price Performance

The company’s 50-day moving average is $11.07 and its 200 day moving average is $11.04.

Velan Company Profile

(Get Free Report)

Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.

Further Reading

Receive News & Ratings for Velan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Velan and related companies with MarketBeat.com's FREE daily email newsletter.