Velan Inc. (TSE:VLN – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$16.52 and traded as low as C$15.56. Velan shares last traded at C$15.74, with a volume of 1,210 shares trading hands.
Velan Trading Up 1.5%
The business has a fifty day simple moving average of C$15.74 and a 200 day simple moving average of C$16.52. The stock has a market cap of C$339.76 million, a price-to-earnings ratio of 5.21 and a beta of 0.82. The company has a debt-to-equity ratio of 19.29, a quick ratio of 1.11 and a current ratio of 2.34.
About Velan
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 Stories
- Five stocks we like better than Velan
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
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.
