Velan Inc. (TSE:VLN – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$17.87 and traded as high as C$18.00. Velan shares last traded at C$17.88, with a volume of 2,104 shares traded.
Velan Stock Performance
The stock’s 50 day moving average price is C$17.87 and its 200 day moving average price is C$16.68. The company has a current ratio of 1.92, a quick ratio of 1.11 and a debt-to-equity ratio of 32.75. The firm has a market cap of C$385.96 million, a PE ratio of -15.15 and a beta of -0.06.
Velan (TSE:VLN – Get Free Report) last posted its earnings results on Wednesday, October 7th. The company reported C($0.40) earnings per share for the quarter. Velan had a negative net margin of 9.31% and a negative return on equity of 14.80%. The business had revenue of C$80.04 million for the quarter. During the same quarter last year, the firm earned ($0.11) EPS.
About Velan
Founded in Montreal in 1950, Velan Inc. ( www.velan.com ) is one of the world’s leading manufacturers of industrial valves, with sales from continuing operations of US$296.4 million in its last reported fiscal year. The Company employs 1,273 people and has manufacturing plants in 9 countries. Velan Inc.
Featured Stories
- Five stocks we like better than Velan
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
