Velan Inc. (TSE:VLN – Get Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as C$19.00 and last traded at C$18.68, with a volume of 3187 shares traded. The stock had previously closed at C$18.96.
Velan Price Performance
The stock has a 50-day simple moving average of C$17.76 and a 200 day simple moving average of C$16.04. The company has a market cap of C$403.01 million, a PE ratio of 1,867.00 and a beta of -0.31. 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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