Velan Inc. (TSE:VLN – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$14.85 and traded as low as C$14.10. Velan shares last traded at C$14.11, with a volume of 2,502 shares.
Velan Stock Performance
The company has a debt-to-equity ratio of 21.78, a current ratio of 1.34 and a quick ratio of 1.11. The firm has a market capitalization of C$207.50 million, a P/E ratio of -3.26 and a beta of 0.77. The stock’s 50 day moving average is C$15.33 and its two-hundred day moving average is C$14.85.
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.
Featured Stories
- Five stocks we like better than Velan
- Investing in the High PE Growth Stocks
- The Apple Comeback Will Be Better Than the Setback
- Utilities Stocks Explained – How and Why to Invest in Utilities
- How a Government Loan Changes the Game for Plug Power
- What is a Special Dividend?
- Qualcomm’s Hold Rating Misses Strong Growth Story
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.
