Shares of Velan Inc. (TSE:VLN – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$16.33 and traded as low as C$14.16. Velan shares last traded at C$15.06, with a volume of 3,400 shares.
Velan Trading Up 3.9%
The company has a market cap of C$325.09 million, a price-to-earnings ratio of 4.99 and a beta of -0.31. The business has a fifty day simple moving average of C$17.56 and a 200 day simple moving average of C$16.34. The company has a quick ratio of 1.11, a current ratio of 1.34 and a debt-to-equity ratio of 21.78.
Velan Company Profile
Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The company operates in various geographical regions, which are Canada, the United States, France, Italy, and Other countries.
Featured Articles
- Five stocks we like better than Velan
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Another reason you need to own gold… [running out]
- Trump’s Final Shocking Act Begins February 24
- NEW: Gold makes history
- Become a 2x better options trader (in 2 days)
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.
