Velan Inc. (TSE:VLN – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$14.55 and traded as low as C$13.95. Velan shares last traded at C$14.15, with a volume of 4,307 shares trading hands.
Velan Price Performance
The stock has a market capitalization of C$208.09 million, a PE ratio of -3.27 and a beta of 0.77. The stock’s 50 day moving average is C$15.74 and its two-hundred day moving average is C$14.55. The company has a debt-to-equity ratio of 21.78, a quick ratio of 1.11 and a current ratio of 1.34.
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.
Recommended Stories
- Five stocks we like better than Velan
- How Technical Indicators Can Help You Find Oversold Stocks
- Chime’s Smart IPO: Half the Valuation, Double the Strength
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
- What is a Dividend King?
- 3 Catalysts in 7 Days: Archer’s Growth Story Just Accelerated
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.
