Velan Inc. (TSE:VLN – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$19.00 and last traded at C$18.33, with a volume of 1740 shares changing hands. The stock had previously closed at C$18.30.
Velan Trading Up 0.2%
The firm has a market cap of C$395.67 million, a P/E ratio of 1,833.00 and a beta of -0.29. The firm’s fifty day moving average is C$17.48 and its two-hundred day moving average is C$15.88. 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.
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