Velan Inc. (OTCMKTS:VLNSF – Get Free Report) shares were down 0.5% during mid-day trading on Thursday. The company traded as low as $12.4392 and last traded at $12.4392. Approximately 120 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 629 shares. The stock had previously closed at $12.4981.
Velan Stock Down 0.5%
The business has a fifty day moving average price of $12.58 and a two-hundred day moving average price of $11.93.
About Velan
Velan Inc. is an industrial manufacturer specializing in the design and production of engineered valves and related flow-control equipment. Its product portfolio includes gate, globe, check, ball, butterfly and cryogenic valves, as well as specialized solutions for demanding and high-pressure applications. The company serves industries such as power generation, oil and gas, chemical and petrochemical processing, mining, water treatment and other industrial markets. Its valves are used to control, isolate and regulate the movement of liquids and gases in critical infrastructure and processing systems.
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